Governor Bentley Says Higher Taxes Are on The Way
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Governor Robert Bentley says higher taxes are on the way.
Bentley spoke to state legislators and business leaders at a mobile area chamber of commerce luncheon yesterday.
He said there’s a need for additional tax revenue to plug a shortfall in the budget that pays for non-education expenses like prisons, medicaid and public safety.
He pegged the hole at 7-hundred million dollars. That would close the actual gap which is around 250 million – and allow the state to pay back money borrowed from rainy day accounts and stop using taxes dedicated to the department of transportation and the education trust fund.
