What's in the Governor's Bill Package (Talking Tax)

Published: Jan. 27, 2023, 9 p.m.

Broad Tax Relief And..  The hosts for this show are Jay Fidell and Tom Yamachika.  

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We discuss the signature bills in the Governor's package, including a bill to give the citizenry broad income tax relief, another bill to enact GET exemptions for groceries and medicine, and a bill containing the 'Visitor Green Fee.'

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We go over the particulars of the Governor's proposals, designated GOV-01 to GOV-04 and GOV-06, time permitting.  GOV-01 adds new tax credit for teacher\u2019s expenses. Increases the amounts for the income tax brackets, personal exemption amount and standard deduction amounts.  GOV-02 is a GET exemption for certain groceries, feminine hygiene products, incontinence products & over the counter drugs.  GOV-03 establishes the Visitor Green Fee program.  GOV-04 establishes the Climate Impact Special Fund, allocates five cents per barrel from the barrel tax to the Climate Impact Special Fund.  GOV-06 is a GET exemption for construction of affordable housing units.

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The ThinkTech YouTube Playlist for this show is https://www.youtube.com/playlist?list=PLQpkwcNJny6lmEllOKP493URXssFT4N7G

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