Relating to taxation; reducing the individual income tax rates and adjusting and providing for inflation adjustment of the brackets; increasing the income limits for dependent care income tax credit eligibility purposes and modifying the inflation adjustment requirement; providing an income tax credit for children and appropriating money to the commissioner of revenue for refund of certain excess credits; modifying the property tax refund schedules for homeowners and renters and expanding eligibility; expanding the sales tax exemption for capital equipment to equipment used to provide telecommunications services (rla)