SB 127/HB 2433 increases CAT tax threshold

This bill raises the  Corporate Access Tax threshold to $5 million. Raising the threshold from $1 million to $5 million would give and exemption of approximately 13000 small-med businesses The CAT tax needs some accountability. Taxpayers are not seeing measurable returns in any improvement in education and the entire CAT tax needs to be repealed and not add to inflation….

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SB 1507 Exemptions from CAT tax

Died in Committee