Reports by Ashali Singham
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States Can Avert New Revenue Loss And Protect Their Economies by Decoupling From Federal Expensing Provision
Updated April 14, 2011
A recent change in federal tax law regarding business investment in machinery and equipment could be very costly for many states and hurt their economies. Eighteen states are on track to lose $4.6 billion in state corporate and individual income tax revenues during the current and next two state fiscal years: some …
