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 ...

New data revealed from GOBankingRates says the super wealthy pay anywhere from a few billion to more than $100 billion in taxes.

Missouri House Bill 798 would reduce personal and corporate income tax rates, fully eliminate taxes on capital gains income ...

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 The state repealed its income tax on Social Security retirement benefits, effective as of the 2024 tax year.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 ...

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 ...

One bill would set the state income tax to a flat rate of 4.7%, with the ability to reduce it to 3.7% over the next decade, and would also reduce the corporate income tax rate. The Missouri House ...

The Missouri House passed a bill that would give a 100% tax credit for donations to ... If sold for the same amount, the ...

The Earned Income Tax Credit (EITC) supports millions of workers and families and continues to grow in states and localities ...

Missouri residents buy $18.4 billion in food each year. When they do, they pay a 1.225% tax on most of those purchases. Although food that can be purchased using SNAP benefits has been exempt from ...