The governor's proposal eliminates the inheritance tax and reduces the sales tax from 6 per cent to 5.5 per cent. It exempts small and medium-size businesses from the proposed temporary corporate surcharge.
She called her proposal a "true compromise" and said she'd prefer not to offer such a budget plan.
via www.wtic.com
Of course, tax cuts likely mean tax increases elsewhere. Income taxes for people making $500K plus: up. Sin taxes: up
