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Budget Proposal Raises Income, Sales, Gas Taxes, And Car Fees

Hope you’re having a great Wednesday!

A budget proposal designed to help ease the state’s projected $40 billion revenue shortage is planned to go to the floor this week, and include: a 1 cent on the dollar increase in the state’s sales tax; a 12 cents per gallon increase on gasoline taxes; raising the state’s vehicle license fee from 0.65 percent of a vehicle’s value to 1.15 percent; and an increase in personal income tax.