News

Missouri Senate finalizes capital gains tax cut plan, sends bill back to House
The Missouri Senate on Monday voted to send a tax cut bill, with provisions designed to benefit both the ultra-wealthy and ...
Missouri lawmakers set to pass capital gains tax cut; critics warn cost could sky-rocket
IRS data suggests the tax cut could reduce Missouri state revenues by $600 million or more, not the $111 million loss in ...
KCUR4d
Missouri Senate approves ending capital gains tax, but critics raise budget concerns
The bill’s fiscal impact note estimates that removing the capital gains tax on personal income alone would represent a loss ...
The Business Journals6d
Missouri lawmakers set to pass capital gains tax cut with questions about its total cost
But federal tax data from returns filed for 2022 shows individual income tax filers from Missouri reported $13.3 billion in capital gains income. Allowing a deduction of that amount would reduce ...
The Victoria Advocate6d
Missouri Senate approves tax cuts for capital gains, diapers and low-income seniors
Missouri lawmakers set to pass capital gains tax cut with questions about its total cost The committee vote came after Democrats peppered state Department of Revenue economist Jean Hancock with ...
The Victoria Advocate6d
Missouri lawmakers set to pass capital gains tax cut with questions about its total cost
Missouri House Speaker Pro Tem Chad Perkins of Bowing Green speaks during debate Feb. 11 on his bill exempting capital gains from the state income tax (Tim Bommel/Missouri House Communications).