Word from Texas: Margin tax is a work in progress, not simple, not meeting projections, likely headed for major reform
The Texas business tax that’s serving as the model for Nevada’s legislative Democrats isn’t getting rave reviews in the state where it originated, according to sources in the Texas business community, who say the margin tax is roundly disliked, and will probably get an interim study, and subsequent reform or repeal in the 2013 Texas legislative session. Read the story at Nevada News Channel