MEMO UPDATE: You may have heard the Governor proposed to increase the income tax rate and reduce the sales tax rate to fund an ambitious transportation and education plan but did you hear about the 45 state tax deductions that are on the table? The Governor proposed eliminating 45 state tax deductions as part of his revenue plan. These deductions cover everything from education, transportation, charity, employer benefits, daycare and healthcare.
Read more about the deductions including a listing of the deductions being proposed for elimination at: