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State considers possible tax cut

LITTLE ROCK (AP) — How much tax relief the state can afford may become clearer to lawmakers this week as they prepare to look at the state’s latest revenue figures.

The state’s monthly revenue report will be released on Tuesday, and the picture it paints of the state’s finances could give a House panel the green light to move forward with Gov. Mike Beebe’s proposal to cut another penny off the state’s sales tax on groceries.

The $30 million tax cut passed the Senate last month, and House leaders have said they want to hold off on the bill and other tax changes until get...
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