Saturday, November 1st, 2014

Deal-O-Meter

Eliminate the corporate net worth tax on businesses


"Corporate net worth taxes penalize growth and development of wealth in Georgia, and as Governor, Nathan Deal will work to eliminate this duplicative layer of taxation. By doing so, the state will send a strong signal to current and prospective businesses that Georgia is an ideal place to call home and provide an environment in which to grow. Loss of revenue would be minimal to the state and would quickly be replaced by a stronger corporate presence and improved environment within which growth and development will be encouraged."


Sources:

Atlanta Journal-Constitution, "Big promises in governor's race," July 12, 2010.

Subjects: Corporations, Taxes