[Redbob]

"The tax on businesses would be based on their gross receipts but allow them to deduct ...their manufacturing and production costs..."

Gross less costs = income.
This is an income tax on businesses.

Not surprising coming for John Sharp, a long-time Dimocrat.
Sharp is the failed Dim candidate from Lieutenant Gov, in '02: why in the name of sanity would Go. Perry name HIM to chair this important commission?

[isthisnickcool]

This is an income tax on businesses.

There is already such a tx. It's called the franchise tax.