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Industry leaders question court on taxes

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By Walt Reichert

Industry leaders asked fiscal court at a special meeting Tuesday why they were singled out when the county raised its net profits tax cap last year. The tax went into effect Jan. 1 of this year.

"A 200 percent increase for five or six of the largest companies in the county is punitive," Roll Forming Corporation President Ray Leathers told the court.

Leathers also told the court the tax would be a disincentive to industries who may be considering coming here, and he asked the court to reconsider it.


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