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Minnesota Senate OKs tax conformity

ST. PAUL -- Minnesotans can expect an easier tax season, and perhaps giving the state a bit less. Senators voted 63-0 Thursday for a bill that conforms state taxes to those the federal government charges. That means taxpayers will get more state ...

 

ST. PAUL -- Minnesotans can expect an easier tax season, and perhaps giving the state a bit less.

Senators voted 63-0 Thursday for a bill that conforms state taxes to those the federal government charges. That means taxpayers will get more state deductions that match those Washington grants.

The House already passed the bill, so it awaits an expected signature from Gov. Mark Dayton to become law.

While the thrust of the bill is to make life easier for taxpayers, it also could result in up to $20 million more tax breaks for Minnesotans.

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"Minnesota taxpayers will have an easier time filing taxes..." Senate Tax Chairman Rod Skoe, D-Clearbrook, said. "It is a good government thing to do."

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