Roadblock in Raleigh: "The House wants to end the practice of allowing multistate corporations to shift profits to subsidiaries in other states to avoid paying state corporate income taxes... Senate leaders [...] apparently have dug in their heels in their refusal to agree."
Exile says, "Keeping this break is like putting a big sign in the middle of the state advertising 'backwater fools ready to be had.'"
I'm sure the JLF boys could explain to me how this tax loophole for big corporations is a right so fundamental that the Founders would weep at the thought of closing it, but I don't get it.


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