Tax Foundation: Edwards’ commercial activity tax proposal is a ‘nightmare’

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Gov. John Bel Edwards’ complicated commercial activity tax proposal was already expected to face a difficult battle at the State Capitol this session.

new analysis from the non-partisan Tax Foundation probably won’t help it win many fans.

In a new blog post, economist Nicole Kaeding attempts to untangle the “incredibly complex tax structure laid out under this proposal” but concludes “This plan is a nightmare”…

 

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