Bloomberg Tax
Jan. 14, 2019, 8:19 PM UTC

State of the States: Governors Push Diverse Tax Cuts, Hikes

Colorado’s governor wants to cut the individual income tax rate while Washington’s governor wants to target rich residents with a capital gains tax. The governor in West Virginia, meanwhile, aims to eliminate personal property taxes on all businesses.

There is no consensus among state leaders this year—except that tax issues are key. Governors across the country are pushing out tax plans in their Inaugural and State of the State Addresses this year.

James Nash, a spokesperson for the National Governors Association, said major issues that state leaders aim to tackle include: technical fixes to the 2017 federal tax law, IRS ...

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