Finance

County bans renew debate over union-labor deals

Lebanon County recently banned the use of project labor agreements for county public works projects. Opponents of PLAs hope more counties will do the same, looking to reignite debate over statewide legislation. But union leaders and proponents of PLAs don't see a trend emerging.

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State officials, brewers anticipate compromise over ‘taproom tax’

For nearly a year, craft brewers have railed against a plan by the state Department of Revenue that would require breweries to start charging a 6 percent sales tax on all their taproom products, including draft beers served on site and six-packs and growlers to go. The state is scheduled to begin enforcing the taproom tax in July, but a legislative fix is in the works.

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Guest view: An “opportunity” to eliminate federal capital gains tax?

Sounds too good to be true, right? Over the past nine months, I have received calls from a number of my clients asking about a new investment opportunity being pitched to them. Whether it was a downtown York restaurant or an apartment complex in Baltimore, a primary draw of these investment opportunities was the potential tax savings. Many of these clients I would label “sophisticated investors,” so they are all well aware of various investment and tax-deferral strategies, such as 1031 like-kind exchanges. But permanent tax abatement? That almost seems too good to be true.

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