| 41. | As they draft their budgets, districts estimate property tax rates.
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| 42. | _Phase in cuts of 15 percent in income tax rates.
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| 43. | City tax rates are down, though bonded indebtedness is up.
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| 44. | Beginning next year, tax rates would be reduced in stages.
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| 45. | It will lower tax rates for all Americans, he said.
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| 46. | Because income tax rates are involved, many conservatives are nervous.
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| 47. | Meanwhile, lower tax rates also encouraged capital investment and hiring.
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| 48. | Under the current system, the tax rate increases with income.
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| 49. | Currently, corporations pay a 35 percent capital gains tax rate.
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| 50. | _A single, low tax rate applied to all taxpayers.
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