State Tax Policy Trends to Watch in 2023
Tax Notes Talk
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Is There a Way to Replace Tax Revenue That Used to Come From One Base?
Localities are looking at specific activity taxes. Is that about replacing tax revenue that used to come from one base that's now sort of been disrupted by these new industries, or is that just another effort to increase revenues overall? I certainly think they could be looked at as, okay, we'll hear these new businesses and we're, you know, missing out if we don't register them and tax them in some way. And so there can be a true knowledge gap there.
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