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Published 1 month ago

Missouri House passes phase out of corporate income taxes over next few years

Summary by Ground News
The policy reduces the 4 percent corporate tax by one percent each year until 2028 when it will disappear entirely. All House Republicans voted in favor of the bill, saying it will bolster Missouri's economy. All Democrats voted against it. They argue that it sacrifices public services and badly needed revenue.

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Missouri House passes phase out of corporate income taxes over next few years

The vote took place on Monday.

1 month ago
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