What You Need To Know
- The proposal to slash income taxes to 4% from 5% has misleading language in the official summary used to gather required signatures to put it on the ballot, a court ruled.
- The cut would have shrunk tax bills for state residents of all income levels while costing the state more than $5 billion a year.
- A poll in May found that 62% of respondents supported the tax cut, while 19% opposed the measure and 20% weren’t sure.
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