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Reagan to seek one time and permanent income tax cuts
California Governor Reagan plans a dual approach to income tax relief next year, proposing a sizable one time rebate and a smaller permanent reduction. He cites a 43 percent tax share by government and outlines a four point agenda including taxes education prisons and local government restructuring. The plan relies on a revenue surplus and would use a flat rate cut across all income levels.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Reagan
Assembly
Bob Moretti
D-Van Nuys
California
Supreme Court
Ed Reinecke
Treasury