Capital Gains Exemption and Motor Vehicle Fee Hike Bills Signed by Missouri Governor • Missouri Independent

Capital gains exemption and motor vehicle fee hike bills signed by Missouri governor • Missouri Independent

Missouri Gov. Mike Kehoe on Thursday signed bills cutting taxes on capital gains and diapers and increasing fees for motor vehicle registrations. (Annelise Hanshaw/Missouri Independent)Missouri investors will get a tax break when they take profits and motorists will pay more to renew vehicle registrations under separate bills signed Thursday by Gov. Mike Kehoe. Kehoe’s signature on the bill granting an income tax exemption for capital gains — pr…

Capital gains exemption, motor vehicle fee hike approved by Missouri governor

Exemptions on capital gains are projected to cause an annual revenue loss of up to $600 million, even as Gov. Mike Kehoe warns of future shortfalls.