State & Local Tax Blog

Media Thinks Manufacturing Gets A “Whopping” Tax Break

An article in the Atlanta Journal and Constitution caught my eye because it was all about how the medical industry is a big “winner” because it will retain some sales tax exemptions. According to the AP writer Shannon McCaffrey, the industries that contributed the PAC got the best deductions. Then there was this throw away line that reveals some bias, maybe, and lack of understanding of double taxation certainly:

“The biggest single exemption in Richardson’s plan is on the sale of raw materials to manufacturers worth a whopping $3.2 billion.”

Always interesting how things are viewed by the opinion shapers.

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