Exempting capital gains would take an extra half-billion dollar bite out of Missouri's budget beyond what lawmakers have been ...

Missouri's top income tax rate has steadily declined from 6% in 2017 to 4.95% in 2023 as part of a similar tax cut plan approved in 2014. The latest measure would also reduce Missouri's corporate ...

Nuveen Missouri Quality Municipal Income Fund offers tax-exempt income for Missouri residents. Take a look at the NOM CEF and ...

“Conservatives hate the idea of a rate hike. Talk radio hates it. Conservative members of Congress hate it,” Kartch added.

Six Republicans in the Missouri Senate want to start the debate over whether to eliminate the state income tax with a move to a 4% flat tax. Among the bills filed in advance of the 2025 ...

Josh Hawley (R-Missouri) for his March 16 op-ed, “A working class tax cut is needed — and possible,” and for his steadfast ...

The individual income portion would be about $111 million a year. But federal tax data from returns filed for 2022 shows ...

Senate Democratic Leader Doug Beck of Affton asked. The institute’s estimate is based on IRS data from 2022 that showed $13.3 billion in long-term capital gains reported on returns from Missouri.

Senate Democratic Leader Doug Beck of Affton asked. The institute's estimate is based on IRS data from 2022 that showed $13.3 billion in long-term capital gains reported on returns from Missouri.

The Missouri House of Representatives recently passed a bill, HB 798, making a variety of changes to Missouri tax law. The bill reduces personal and corporate income tax rates, fully eliminates taxes ...

the institute estimated the revenue from that much income would be about $625 million. That is simple math that does not account for the other elements of Missouri's tax code, Hancock told the ...