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Posted inMoney, Politics

Republicans propose ‘honest’ tax cuts for Connecticut

House Republicans have proposed $247 million in consumer and business tax cuts – moves they insist won’t worsen the big budget deficit projected for next year. In a press conference Thursday, GOP lawmakers said they want to give small businesses a one-time break on their unemployment assessments, accelerate the return of a sales tax exemption on clothing, and restore another exemption for over-the-counter medicine.