Taxes main topic of debate on legislative floor
Tuesday, April 24, 2007
Another week has gone by and much was discussed on the floor of the Legislature. Taxes took up a large portion of time with Legislative Bill 367 being debated. In that bill, we considered the tax package put together by the Revenue Committee that proposed a reduction of more than $400 million in taxes over the next two years. In the proposal, the Revenue Committee recommended changes to property taxes, income taxes, sales taxes, and the estate tax.