Missouri will eliminate state capital gains tax for individuals starting in 2025. Here's how it could unstick the housing ...

Missouri will eliminate state capital gains tax for individuals starting in 2025. Here's how it could unstick the housing ...

On July 10, 2025, Missouri Governor Mike Kehoe signed into law House Bill 594 (the “Bill”), which effectively eliminates the capital gains income ...

The Missouri Senate approved a proposed tax cut Monday despite questions about whether official estimates truly reflect how much it would reduce state revenue. By a 27-6 vote, with the 10 ...

Missouri Governor Mike Kehoe signed House Bill 594 into law, amending RSMo. § 143.121 to exempt capital gains from its ...

The Institute on Taxation and Economic Policy estimates that Missouri taxpayers would see their federal tax bills drop by $9.1 billion, with more than one-fifth of that total going to the 1% of ...

Since 2014, when lawmakers enacted a tax cut over the veto of then-Gov. Jay Nixon, Missouri’s top income tax rate has fallen from 6% to 4.8%, with another 0.1 percentage point cut set to take ...

If Missouri’s top corporate income tax rate drops to 4.5% or lower in the future, corporations could also deduct 100% of their capital gains income.

A conservative think tank ranks Missouri 13th among U.S. states for "tax competitiveness," while Illinois came in much lower, at No. 37.

Governor Mike Kehoe signed into law a bill that eliminates the so-called “tampon tax" on menstrual products and diapers.

Qualifying supplies are exempt from all state and local sales taxes during Missouri's tax-free weekend. Illinois, however, ...

A Missouri House interim committee met Wednesday and will hold four hearings around the state to listen to concerns and hear ideas for overhauling the system.