Alabama Senate Republicans propose modest tax cut - Montgomery Alabama news.

Alabama Senate Republicans propose modest tax cut

(Source: WSFA 12 News file photo) (Source: WSFA 12 News file photo)

MONTGOMERY, Ala. (AP) - Alabama Senate Republicans are proposing a modest tax cut that would allow more taxpayers to take the maximum standard deduction on their state income taxes.

Senate President Pro Tem Del Marsh said Thursday that it is a tax break that will help "working class and those who are lower income."

The bill would increase the adjusted gross income level where married taxpayers qualify for the full $7,500 standard deduction from $20,000 to $23,000.

Marsh said he estimated the proposal will cost the state $4 million to $6 million.

The Republican agenda announced Thursday also includes proposals to make child sex trafficking a capital offense; provide incentives for telecommunication companies to improve rural broadband access and establishing a process for Medicaid to recover funds from the estates of deceased individuals.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly