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1 would certainly hope that the increase in individual income taxes will be unnecessary, particularly in the lower brackets. At the present time I am doubtful that these increases are justified, although 1 would have to look at what the total appropriations whould be before making a definite decision.
There is some tax reduction for taxpayers in the lower brackets which goes into effect for the income taxes to~be paid in 1973 (on 1972 income) as a result of the bill that 1 introduced in the 1971 session. This is known as the tax conformity bill because it will simplify preparation of state individual income tax returns by conforming most of the defin
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