Income Tax Cuts With Cigarette Tax Hikes


A bipartisan group of legislators introduced a bill Thursday (March 14) that would provide $100 million in tax cuts, mostly for lower- and middle-income taxpayers, that would be offset by increased taxes on cigarettes and e-cigarettes.

The bill, which was to be filed Thursday afternoon, was announced in a press conference by its sponsor, Senate President Pro Tempore Jim Hendren, R-Sulphur Springs, along with Republican and Democratic legislators from both the House and Senate.

The bill would reduce taxes in three ways.    MORE

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