brian schmitt

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The Missouri Senate has passed an unusually large number of tax cuts, credits, deductions and increases at the midway mark of the legislative session.

The bottom line could be a net gain in state revenues, if all the proposed changes become law.

A calculation prepared for The Associated Press by former legislative tax analyst Brian Schmitt shows that Missouri may reap $355 million in 2016, with that gradually decreasing to $118 million by 2019.