Old-Fashioned Caramel Cupcakes

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1 cup butter, softened

1 1/2 cups sugar

4 large eggs

1 tablespoon baking powder

1 teaspoon salt

1 cup milk

2 teaspoons vanilla extract

Paper baking cups

Vegetable cooking spray

1 cup butter

1 (16-oz.) package dark brown sugar

1/2 cup evaporated milk

1/4 teaspoon baking soda

1 tablespoon light corn syrup

4 cups powdered sugar

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