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Rep. Ken Paxton: Texas Must Change the Business Tax
theunloadingzone.blogspot.com — TX-For the first time, business owners had to pay the new Business Franchise Tax and it was a disaster. Business's which lost money were forced to pay thousands in taxes because the tax is based on gross, not net margin. More than a few small businesses had to shut down. Ken Paxton again speaks to this and what must be done in Austin.
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