On September 2, 1983, Margaret Thatcher wrote President Reagan asking him to support a ban the use of the Unitary Tax Method by the states. As a result of Reagan favorable response to this request, the link document estimates that $17.04 billion of tax revenue was lost by all states in 2018.
STATES LOSE $17 BILLION ANNUALLY TO CORPORATE TAX AVOIDANCE
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Even though Grover Norquist’s Anti-tax Pledge is titled Taxpayer Protection Pledge, its enforcement against our states using the Unitary Tax Method, protects non-taxpayer to the detriment voting taxpayer in every state and the lion's share of their employers.
Taxpayer Protection Pledge
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