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Wed March 21, 2012
House committee votes to eliminate newspaper sales tax exemption
Newspaper publishers in Missouri could have to pay more to buy paper, ink and other supplies under a measure that has been endorsed by a House panel.
In a 7-5 vote Wednesday, the House Tax Reform Committee backed a proposal to eliminate sales tax exemptions on newspaper equipment in order to help fund state aid to the blind.
The full House is currently debating a budget that would eliminate a $30 million program that provides medical care to about 2,800 blind people and instead set aside $6 million for a slimmed-down aid program.
An estimate included with the proposal says it could generate up to $4.2 million of additional money for blind aid.
The measure now goes to the full House.