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Thursday, September 28, 2017

Connecticut taxpayers dig into Trump plan

In Connecticut, it is the $59 billion question — how much of that amount would Connecticut businesses and residents be able to keep in any tax cut pushed by President Trump, and how much would it spur local economic activity to shore up the budget crisis the state is facing? Speaking Wednesday in Indianapolis, Trump described his plan as the largest tax cut in U.S. history, and one that would unleash economic activity and hiring that would more than pay for itself over time. Skeptics immediately questioned that assumption, noting some $2 trillion the tax cuts would take out of the federal budget over time, with U.S. Sen. Richard Blumenthal, D-Conn.

from Business http://www.ctpost.com/business/article/Connecticut-taxpayers-dig-into-Trump-plan-12238598.php

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