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Business opposition growing to plan to replace Missouri income tax with sales tax
The plan would cut rates automatically as revenue grows and could end the tax once the top rate falls below 1.4%, supporters said.
Summary by Cherokee Tribune Ledger News
6 Articles
6 Articles
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Business opposition growing to plan to replace Missouri income tax with sales tax
State Sen. Curtis Trent, a Republican from Springfield, will handle a proposal to replace the income tax with sales tax in the Missouri Senate. He is shown in a 2024 photo. (Annelise Hanshaw/Missouri Independent).A top business lobbying group is stepping up its opposition to a proposed constitutional amendment to replace the Missouri income tax with sales taxes, arguing Missouri is already an attractive place to do business. The legislation that…
·St. Louis, United States
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Total News Sources6
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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