Large companies will no longer have a tax cap on their utilities bill
YAKIMA Wash. -- A tax break that large companies receive for using private utilities will no longer be in place.
Council members voted to remove the tax cap that would allow companies to use electric power, natural gas and telephone services at a high amount but wouldn’t get taxed equally.
This was the only city in the county to still have tax caps.
Councilman Bill Lover voiced his concern on removing the cap saying several businesses were staying in Yakima because of the tax break and they might now want to leave.
This new change will only effect companies with utility bills of over $200,000 a month.