Monday, March 1, 2010

The long-awaited revenue proposal

Rep. Ross Hunter will be meeting with reporters in a few minutes to discuss the House revenue proposal that everyone has been waiting for.

And to answer the question you're likely thinking - no, the proposal does not include a sales tax increase. The proposal is largely made up of tax code changes that would close tax loopholes, reduce tax avoidance and end certain tax exemptions. You can check out a summary of the five-part proposal here and here.

The House Finance Committee will take up the proposal tomorrow at 9 a.m.

Apture