About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions ...
The legislation allows Missourians to deduct 100% of all capital gains income reported to the IRS from their state income tax ...
Missouri retirees will see a significant change in their tax filings as Social Security benefits become fully exempt from state income tax.
Missouri House Bill 798 would reduce personal and corporate income tax rates, fully eliminate taxes on capital gains income ...
The Missouri House passed a bill that would lower the state income tax rate from 4.7% to 3.7% over 10 years if revenue targets are met. The bill would also reduce the corporate tax rate and ...
Understandably, grocery taxes have wide-ranging implications, considering how essential they are to Missourians and how many ...
Missouri state tax became a little more friendly toward retirees this year. The state repealed its income tax on Social Security retirement benefits, effective as of the 2024 tax year. The tax cut ...
Income tax makes up more than half of Missouri’s general revenue. If this bill passes through the House and Senate, it would still have to be approved by Missouri voters before going into effect.
Particularly, voters were asked about the proposed elimination of Missouri's state income tax and policies of cellphones in schools. Saint Louis University and YouGov surveyed 900 likely Missouri ...
JEFFERSON CITY — Missouri lawmakers are engaged in a high-stakes tax debate, with Republicans proposing income tax cuts reminiscent of Kansas’ failed experiment. “Five years later, they realized ...