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Missouri tax break bill advances
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Missouri tax break bill advances

 (AP) — Missouri residents who file income taxes would be eligible for a tax break under a Republican proposal advanced Tuesday.

The House Budget Committee approved the measure, which now heads to the House floor for consideration.

The proposal budgets $1 billion for tax breaks equal to what taxpayers owe the state in income taxes. The tax breaks are capped at $500 for individuals or up to $1,000 for married couples filing jointly.

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