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Tax Law

SALT Trivia: Answered!

Thank you to everyone who participated in last week’s trivia question!

Last Week’s Question:
Which president once handled state tax cases, securing favorable rulings for taxpayers involving property taxes and local gross receipts taxes?

The Answer:
Rhode 
Island

Lincoln later stated that he believed the county property tax case “was worth half a million dollars” to the railroad company. Abraham Lincoln, Speech at Carthage, Illinois (Oct. 22, 1858).

Keep an eye out for our next trivia question on Wednesday!