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November 21, 2008



Black less interested in tax cuts; Senate shuts down committees

Legislative leaders sounded far apart Wednesday on a tax agreement, the linchpin to deal on a state budget for the next two years.

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Senate unveils tax plan

Senate leaders unveiled their long-awaited plans for swapping higher business and consumer taxes for lower property taxes Monday. The proposal including a revamped franchise tax on businesses that would raise $2.2 billion more per year than the current version.

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Reform of inheritance tax will be pledged by Chancellor

The Chancellor will pave the way for a radical overhaul of inheritance tax in his pre-budget report today.

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