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NY's $700M Tax Loophole Bill

Zara Khan
Zara Khan

Published: Mar. 12, 2025

NY's $700M Tax Loophole Bill
Adam Smigielski via Getty Images

New York State hemorrhages hundreds of millions of dollars annually, a staggering loss attributed to multinational corporations shifting profits offshore to evade taxes. A proposed solution, however, could dramatically alter the financial landscape for both the state and these powerful entities.

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