Is it true that making small businesses pay income tax would allow a lot more spending on education, highways and other services?

The Department of Revenue says reinstating the tax on pass-through income and their loss carryforward capability would generate between $195 million and $200 million. ┬áBut as explained here┬áthat would only help get the state’s ending balance up to the statutorily-required level for at least two years, so there would be nothing left to pay for additional spending.

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