Tuesday, July 30, 2013

Evolution of tax increase proposals for 2013-15 budget

Despite projected revenue growth of $2 billion for the 2013-15 biennium, proposals for significant tax increases dominated the budget debate and contributed to the Legislature going into two special sessions to finish its work on the budget. The final tax increase package included in the 2013-15 budget was a fraction of what state Democrats initially proposed. Below is a breakdown of how the tax increase proposals evolved . . . READ MORE


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