The U.S. House Ways and Means Committee voted to let companies write off more than half the cost of some investments immediately, providing a $287 billion tax cut to capital-intensive industries.

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Missouri Gov. Jay Nixon amplified his opposition Wednesday to a series of tax breaks passed by lawmakers, asserting they could cost local governments more than $350 million annually on top of an even larger revenue reduction for the state.

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Gov. Jay Nixon followed through on his threat to veto a tax-cut bill he says would have a catastrophic effect on school funding while benefiting lawyers and lobbyists.

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A major tax cut bill that Gov. Jay Nixon is likely to veto has drawn dueling legal opinions about its effect.

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Gov. Jay Nixon is blasting the legislature for a tax-cut plan he says will take millions of dollars from education and give it to those who don’t need it — namely, lobbyists and lawyers.

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Missouri Democratic Senate candidate Robin Carnahan has joined the call to extend the tax cuts enacted during the administration of President George W. Bush. Republican Senate candidate Roy Blunt has said repeatedly that Congress should make permanent the tax cuts ...

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Missouri Democratic Senate candidate Robin Carnahan has joined the call to extend the tax cuts enacted during the administration of President George W. Bush. Republican Senate candidate Roy Blunt has said repeatedly that Congress should make permanent the tax cuts ...

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President-elect Barack Obama’s advisers are looking at including a “buy American” provision in the economic-stimulus legislation that the incoming administration has made its first priority. “We are reviewing the buy American proposal and we are committed to a plan that ...

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