Tagged: taxes

Republicans in the Missouri Senate have scaled back a proposal to cut state taxes in order to emulate tax cuts in neighboring Kansas and Oklahoma.

Missouri Governor Jay Nixon, a Democrat, has strongly objected to the bill's sales tax hike, saying it would hurt the poor and elderly the most.  That provision has been dropped.  

House Bill 253 would now cut the personal income tax rate by half a percentage point and the corporate rate by three points, and phase them both in over the next 10 years. 

It appears that Missouri has lost more than $2 billion in revenue over the past nine years because it does not collect sales taxes on purchases made over the Internet. 

Downtown Kansas City, Missouri voters approved a special tax to fund a two-mile streetcar route in downtown Kansas City, although fewer than 500 people voted.

What will it take for Kansas City, Mo. to finally fix its streets and sewer system?  Earlier this year, Mayor Sly James announced a bold plan for improving Kansas City's infrastructure that would involve spending $1 billion over the next 10 years.