State tax cutting trend faces headwinds from declining revenues and tighter budgets

State tax cutting trend faces headwinds from declining revenues and tighter budgets

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Almost every U.S. state has cut taxes in some way in the past three years FILE - Minnesota Gov. Tim Walz speaks at a news conference on the Minnesota economic and budget forecast in St. Paul, Minn., Monday, Feb. 27, 2023. Almost every U.S. state has cut taxes in some way in the past three years.…

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