Publication Date: November 2007
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Michael Mazerov
Research Area: Business
Keywords: Economic projections; Corporate finance; State budgets
TCM makes a number of claims, including that combined reporting is not necessary, would be burdensome, and would lead to lengthy legal challenges. Similar objections to the Governor’s combined reporting proposal are being raised by some major multistate corporations doing business in Maryland and the trade associations that represent them. Accordingly, the rest of this report addresses each of the individual claims being made by TCM and demonstrates that they have little validity.