Trump wants to cut taxes. So do governors and lawmakers in some states Boston 25 News [Video]

JEFFERSON CITY, Mo. — (AP) — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.

The movement for more tax cuts comes after most states already have slashed income, sales or property taxes in recent years, and it’s pressing ahead even though state revenue growth has been slowing or stagnating.

As Congress considers Trump’s tax-cutting agenda, state legislatures that are currently getting underway will be weighing whether — or how much — they can afford to reduce their own taxes while still funding core government functions such as schools, prisons, roads and social services. Unlike the federal government, which can run a deficit, states generally must adopt balanced budgets.

What tax cuts does Trump want?

The Republican-led Congress is considering whether to extend and expand various income tax cuts enacted in 2017 during Trump’s first termin office. Some are …