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November 20, 2008



Tax cuts will 'put pressure on inflation'

Some economists are warning sweeping tax cuts announced by the Coalition today will make the Reserve Bank nervous and could push interest rates higher.

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Tax appeals are forcing towns to revaluate

Some of the county's fastest growing towns, including Cranbury and Plainsboro, have been forced to perform revaluations to bring all property in line with market value, or face the loss of millions of tax dollars in appeals by businesses that feel they are bearing the brunt of the town's tax burden.

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RTA tax aid is hit with veto threat

House, Senate take a timeout from budget talks Gov. Rod Blagojevich's administration pledged a veto of a regional sales-tax increase to help fund Chicago-area mass transit, saying Thursday that legislators should consider eliminating more corporate tax breaks instead.

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