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  2. Flat tax proposals aim to put Missouri on path to eliminate ...

    www.aol.com/news/flat-tax-proposals-aim-put...

    Missouri income tax. ... or 37.5 hours a week at the current minimum wage of $12.30 an hour. Shifting to a 4% flat tax would cost all taxpayers about $64 by eliminating brackets with a lower rate ...

  3. Decline in Missouri tax revenues in first few months of ...

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    The next step in the phased-in tax cut passed in 2022 will take effect on Jan. 1, cutting the top income tax rate to 4.7%. Those cuts will generate economic activity that will sustain revenues ...

  4. Dean Plocher: Missouri revenue increasing after tax cuts as ...

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    Over the last eight years Republicans have been leading the effort to reduce income taxes in Missouri. In 2017, corporate income tax rates were reduced from 6% to 4.25% and in 2018, Republicans ...

  5. Missouri Department of Revenue - Wikipedia

    en.wikipedia.org/wiki/Missouri_Department_of_Revenue

    The Missouri Department of Revenue is a U.S. state government agency in Missouri created under the Missouri Constitution in 1945, which is responsible for ensuring the proper functioning of state and local government through the collection and distribution of state revenue, and administration of state laws governing driver licensing, and motor vehicle sale and registration. [1]

  6. Missouri lawmakers passed an income tax cut starting next ...

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    Lawmakers approved a plan to slash income taxes in Missouri over the coming years. Here's what you need to know as a taxpayer. Missouri lawmakers passed an income tax cut starting next year.

  7. Taxation in Missouri - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Missouri

    Missouri also imposes a use tax on tangible personal property that is stored, used, or consumed in Missouri but not subject to the sales tax. [ 11 ] In addition to the state sales tax rate, counties, cities, and other political subdivisions are permitted to impose their own sales taxes. [ 12 ]

  8. Missouri lawmakers weigh Gov. Parson’s proposed tax cut. Here ...

    www.aol.com/missouri-lawmakers-weigh-gov-parson...

    Missouri lawmakers are back in session this week to pass a sweeping income tax cut. Missouri lawmakers weigh Gov. Parson’s proposed tax cut. Here are five things to know

  9. X tax - Wikipedia

    en.wikipedia.org/wiki/X_tax

    The reason an X Tax is considered to be a consumption tax is because, unlike the income tax, it doesn't introduce a "double-tax on savings." [4] [5] The X Tax is intended to streamline the tax code, foster economic expansion, and preserve progressive taxation. Additionally, it seeks to stimulate savings and investments by eliminating double ...

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