Hardworking taxpayers all across the state through tax cuts and withholding changes. Once passed, the total tax relief provided since i took office will be roughly 2 billion. [applause] first, we will reduce property taxes by 406 million. [applause] this is more than four times larger than the Property Tax Relief we passed last year, and it is vitally important to protect working families, senior citizens, farmers, and small businesses. The typical homeowner will see an actual reduction of 101 dollars on their next property tax bill. [applause] second, we will reduce income taxes by 98. 6 million. To to ensure we dont leave anyone behind in our economic recovery, we will target this tax relief to the lowest income tax bracket. If youre a family of four making 40,000, your savings will be 58. No one will get a bigger savings than that. Third, earlier today, i directed revenue secretary Rick Chandler to adjust withholding for state income taxes by 322. 6 million, so you can keep more of
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