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Senate passes sales tax deductibility provision; measure now heads to Obama’s desk
The Senate approved a bill Tuesday night that renews dozens of expired tax breaks through the end of 2014, including a provision that allows Texans to deduct state and local sales tax. The legislation now moves to President Barack Obama, who is expected to sign it into law. The Senate passed the 55-item package by a 76-16 vote, after the U.S. House easily cleared it earlier that month….Read More
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