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<blockquote data-quote="poopgiggle" data-source="post: 1947389" data-attributes="member: 6406">The real revenue from taxing intangible assets doesn&#039;t come from the people paying the $25 &quot;in lieu of&quot; tax.Just off the top of my head, airlines are specifically named in the sources I&#039;ve been posting. Not that any airlines have a significant presence in Tulsa...They try to duck taxes by all different kinds of loopholes! If SQ766 passes, it opens up yet another one. It looks like other states tax intangible assets in a similar way so they can&#039;t just hop the state line to get out of this one.&nbsp;The counties, by their own admission, don&#039;t have the resources to do this properly.Remember that county officials are elected just like state officials are. If they crush local business by doing something blatantly unfair with taxes on intangible assets, I imagine they won&#039;t get re-elected. Or they&#039;ll get sued, either way.</blockquote>

[QUOTE="poopgiggle, post: 1947389, member: 6406"] The real revenue from taxing intangible assets doesn't come from the people paying the $25 "in lieu of" tax. Just off the top of my head, airlines are specifically named in the sources I've been posting. Not that any airlines have a significant presence in Tulsa... They try to duck taxes by all different kinds of loopholes! If SQ766 passes, it opens up yet another one. It looks like other states tax intangible assets in a similar way so they can't just hop the state line to get out of this one. The counties, by their own admission, don't have the resources to do this properly. Remember that county officials are elected just like state officials are. If they crush local business by doing something blatantly unfair with taxes on intangible assets, I imagine they won't get re-elected. Or they'll get sued, either way. [/QUOTE]

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