I am proud to have voted in support of legislation that would make significant reforms to make state's tax systems fairer.
The legislation just approved in the state House of Representatives would, among other things:
Of course, as with any budget proposal, there are aspects of it that I do not agree with. But the amount of relief that is provided to most people in this state far outweighs these downsides.
There is an analysis of this plan from the legislative Office of Fiscal Analysis. I will post some more of the highlights, later, as well.
The legislation just approved in the state House of Representatives would, among other things:
- Cut state income taxes for 95% of income tax payers in the state.
- Double the Property Tax Credit tax relief program to $1000.
- Provide relief to thousands of working families with a new state Earned Income Tax Credit.
Of course, as with any budget proposal, there are aspects of it that I do not agree with. But the amount of relief that is provided to most people in this state far outweighs these downsides.
There is an analysis of this plan from the legislative Office of Fiscal Analysis. I will post some more of the highlights, later, as well.
