Tax cut bill cuts revenue by $1 billion

posted by 1430 KASI -

Revenues would take a massive hit if a Senate Republican tax bill becomes law.  The Legislative Services Agency's report, released Monday, says the state's revenue would be reduced by more than $1.1 billion in the 2023 fiscal year.  If lawmakers passed the measure this session, revenue would be reduced by nearly $208 million in the fiscal year that begins July 1st.

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