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NFIB Weekly News
Dallas Small Business Owner: It’s Time to Cut the Inventory Tax (03/10/2023)
DALLAS (March 10, 2023) – “The Mavericks, Rockets, and Spurs – and any other team in the NBA – are all subjected to a ‘luxury tax’ if their total roster salary exceeds the league’s salary cap,” NFIB member and small business owner Andy Ellard wrote in an op-ed for the Community News in Aledo, Texas. “But unlike the NBA’s luxury tax, which would bring teams closer to securing the NBA Title, Texas’s inventory tax only sets small businesses behind year after year.”