“We need to invest in our communities and keep middle-class families working and earning! An Act to Invest in Our Communities – HB 2553 / SB 1416 – does just that. This bill takes a balanced approach to the fiscal crisis by raising revenue to maintain the services we need and value. By asking more from high-income households and investors who received large windfalls from the federal tax cuts while raising the personal exemption as a way to hold down the increase for middle-class families, the legislation raises needed revenue primarily from those who can best afford to pay. With that revenue, we can keep the high-quality schools and services that make our state a good place to live, raise a family and do business.”
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