Commission proposes dramatic state tax overhaul:
"Besides doing away with the traditional sales and corporate taxes, the 415-page report by the bipartisan Commission on the 21st Century Economy suggests across-the-board reductions in personal income tax rates. However, the wealthy, whose income taxes make up the lion's share of the state's tax base, would see larger tax cuts under the proposed changes."
"Besides doing away with the traditional sales and corporate taxes, the 415-page report by the bipartisan Commission on the 21st Century Economy suggests across-the-board reductions in personal income tax rates. However, the wealthy, whose income taxes make up the lion's share of the state's tax base, would see larger tax cuts under the proposed changes."