MACHINERY SALES TAX

Paul Fogleman,

The Senate also repealed a House provision that would eliminate a sales tax on the purchase of manufacturing equipment. Insiders reported that retiring Senate Finance Chair Robert Rucho of Charlotte opposes elimination of the tax, as does Sen. William Rabon, a Southport veterinarian. The HTGAC is working with Sen. Jerry Tillman, and House Finance Chairman Jason Saine to get the repeal back in the budget during conference sessions.

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