Call to Action on the Tax Bill

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May 19, 2005

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The Legislature is in the final stages of writing House Bill 3, a bill that could cut school property taxes by $5.5 billion a year. The cuts would be paid for by raising the sales tax, as well as taxes on cigarettes, alcohol, and businesses. With earlier versions of the bill, legislators were able to examine a "tax equity note"--an analysis of how proposed changes will affect businesses and families--before they voted.