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that would exempt the first $15,000 of each taxpayer’s adjusted gross income providing a $30,000 exemption for a married couple.
His office asserts this would help the working poor and codify the exemption for senior citizens which is now only a tax regulation. Louderback would pay for the bulk of this by placing a sales tax on services as well as products.
Lauderback, who served on one of the state’s tax studies, would lower the sales tax rate to four percent and eliminate the tax on food.
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90.4%