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Republican Senators are seeking to lower two major state business taxes in a move they say will boost economic growth, but opponents argue the move will threaten the state’s budget.
The Senate Ways and Means committee met Tuesday for a hearing on the pair of bills that aim to gradually reduce both the state’s business profits tax (BPT) and the business enterprise tax (BET) over a period of several years.
Read the full story from the Concord Monitor.
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