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Published 2 years ago

Gov. Parson signs Missouri’s largest income tax cut into law

Summary by Ground News
Missouri Gov. Mike Parson signed a pair of tax bills into law after calling a special session. The bills reduce the state's individual income tax rate and authorize $40 million in annual agricultural tax breaks. Parson said the estimated $760 million reduction, when fully phased in, will be the largest tax cut in state's history.

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