(Updated to add possibility of bill being sent back to committee and include comments from the governor, Senate president, House tax chair, Senate minority leader, House minority leader. It corrects that standard deduction is not tied to inflation)
House and Senate tax negotiators on Wednesday reluctantly agreed to a new $1.4 billion tax plan that cuts income taxes for higher-earning taxpayers, eliminates state taxes on Social Security and includes an expanded tax credit for child care.
With time running out in the session and fewer options for tax relief becoming available, a House-Senate conference committee agreed to . . .
SSJ
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