Senate’s proposed tax cut? $13.9 billion over 5 years
Travis Fain and Laura Leslie, WRAL — The tax cuts embedded in the state budget proposal Republican Senate leaders released this week would save taxpayers $13.9 billion over the next five years. Or, depending on one’s perspective – and usually political party – it would cost state government $13.9 billion in revenue needed for schools, salaries and other operations. Either way, the proposal includes $5.2 billion more in tax cuts over that five-year period than the Senate voted on just weeks ago in a standalone bill that had bipartisan support.
https://www.wral.com/senate-s-proposed-tax-cut-13-9-billion-over-5-years/19740032/
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