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A look at Missouri's tax-cut legislation

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The Missouri Legislature gave final approval Thursday to a bill gradually reducing state income taxes. Here are details of the plan. INDIVIDUAL TAXES — Missouri's current top individual income tax rate of 6 percent, which applies to all income over $9,000, would be reduced by one-twentieth of a percentage point annually for 10 years and then set at 5.5 percent on all income over $8,000. — Each...

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