Gov McKernan, in yesterday's State of the State address to the Legislature, pro

Source

Portland Press Herald

Date

1-20-1994

Pages

1A, 7A

Abstract

Gov McKernan, in yesterday's State of the State address to the Legislature, proposed a 20 percent decrease in state income taxes that would be instituted starting in 1996 and in place by the year 2000 -- The tax cut plan, which would affect only personal income taxes, would essentially freeze income tax collections at $611 million annually, with income tax revenues over that figure being the amount that taxes would be cut in any given year -- Details, related article

Subjects

Taxation -- Income tax, McKernan, John R Jr

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