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Revenue Proposals of Gov. Bob Holden of Jan. 15, 2003

Per Year in Millions of Dollars

Tobacco tax increase279.0
Gambling tax increases136.0
Eliminate various corporation tax exemptions131.4
Income tax increases78.0
Repeal Gambling Loss Limits57.0
Eliminate various individual tax exemptions54.2
Require electronic tax filing2.2
August sales tax holiday-5.0
Corporate tax rate reduction-28.0

TOTAL Revenue Changes$704.8

Source: Division of Budget and Planning Office of Administration State of Missouri


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