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Louisiana lawmakers advance Gov. Jeff Landry’s tax cut bills
‘Although this plan saves everybody money, the majority of people who truly benefit from it don’t need much financial help.’
Tagged tax cut
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Virginia Governor swiftly signs compromise budget deal
Year-end revenue collections may eventually exceed what was forecast by more than $1.2 billion, and the budget lawmakers adopted Monday will be balanced if revenues increase by less than half that amount — $525 million, according to a House presentation.
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Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
The amount is almost 4% of the state’s $52.8 billion budget, which largely does not contain tax breaks for most Tennesseans.
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Arkansas Gov. Sarah Huckabee Sanders urges lawmakers to pass budget as Session kicks off
‘If you send me a budget that funds critical services for Arkansans while slowing the growth of government, I will sign it.’
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Tennessee Governor’s budget plan funds more school vouchers, business tax break, new state parks
The proposed spending plan would also place $20M into a rainy day fund.
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Florida House moves forward with $1.4B tax cut plan
‘My goal is to be as aggressive as possible.’
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Arkansas Gov. Sarah Huckabee Sanders, lawmakers call for $124M tax cut plan
State finance officials said 1.1 million taxpayers who make more than $24,300 a year would receive a cut under the proposal.
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Kentucky Senate panel advances tax-cut measure
It continues the momentum for Republicans hoping to phase out individual income taxes in Kentucky.
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GOP-controlled House passes Glenn Youngkin tax cut agenda
‘Virginians are still overtaxed, they deserve to keep more of their hard-earned paychecks.’
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Mississippi budget blueprint has slight spending increases
Their outline is the starting point for detailed discussions about taxes and spending during the three-month Legislative Session that begins in early January.