Joint Finance signs off on $1.3 billion GOP tax cut plan

BudgetBlog_16X9

Seniors would see a new tax break on their retirement income, while others would see some of their wages taxed at a lower rate under a GOP plan the Joint Finance Committee approved along party lines.
In addition to the retirement break, the plan would expand the income now covered by the second-lowest of the state’s four income tax brackets. 
That bracket now ranges from income of $14,680 to ...

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