Texas franchise tax ‘on path to elimination’ after House vote

Texas’ franchise tax is "on the path to elimination."
That was how House Bill 28 sponsor Rep. Dennis Bonnen, R-Angleton, described it after Republicans turned back Democrats’ protests Thursday night and voted 98-45 in favor of the bill.
“This is our stand-alone bill to put the franchise tax on the correct path and that is the path to going away,” Bonnen told his colleagues on the floor as opponents lined up at the back microphone. “This is the appropriate thing to do to eliminate this bad…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/28/texas-franchise-tax-on-path-to-elimination-after.html?ana=RSS%26s=article_search

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