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January 9, 2013

States grow cautious about tax cuts

  • Now officials are talking about the need for “thoughtfulness,” and suggesting that tax cuts in one area may need to be offset with increases in another.
    Associated Press

    JEFFERSON CITY, Mo. — Emboldened by big majorities and eager to lure businesses, Republican legislators and governors across the Midwest and South are planning to pursue hundreds of millions of dollars of tax cuts in the new year.

    Oh yeah, they might raise some taxes, too.

    . . .

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