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The bill cut the top income tax rate to 4.95% for 2023 and, contingent on revenue growth, imposed future cuts until the rate was 4.5%. Missouri met the revenue threshold in fiscal 2023 and on Jan ...
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 ...
There were a total of 46 bills passed this legislative session, 18 of those being appropriations bills to fund the $51.7 billion state budget, although some lawmakers are predicting the need for a ...
Missouri imposes a tax on all retail sales of tangible personal property and specified services. The state tax is four percent, [7] plus one-eighth of one percent dedicated to the Department of Conservation [8] and one-tenth of one percent dedicated to the Department of Natural Resources. [9] The state tax on food however, is one percent. [10 ...
Held that state taxpayers do not have standing to challenge to state tax laws in federal court. 9–0 Massachusetts v. EPA: 2007: States have standing to sue the EPA to enforce their views of federal law, in this case, the view that carbon dioxide was an air pollutant under the Clean Air Act. Cited Georgia v. Tennessee Copper Co. as precedent ...
The state took at least $6.1 million in benefits from foster children last year — generally Social Security benefits for those with disabilities or whose parents have died. The money is used to ...
2024 Missouri Constitutional Amendment 3, also known as the Right to Reproductive Freedom Initiative, is a proposed constitutional amendment that appeared on the ballot on November 5, 2024. The initiative amended the Constitution of Missouri to legalize abortion in Missouri until fetal viability. [1] The amendment narrowly passed. [2]
The Missouri ballot measure highlights an emerging debate among policymakers over how to tax the rapidly growing industry, which has spread from one state — Nevada — to 38 states and ...