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Revenue Proposals of Gov. Bob Holden of Jan. 21, 2004

Per Year in Millions of Dollars

Tobacco tax increase296.0
Eliminate various corporation tax breaks226.4
Gambling tax increases100.0
Raise the income tax for higher income11.9
Repeal Gambling Loss Limits53.5

TOTAL Revenue Changes$689.0

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


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