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A dispensary in St. Louis County sued over the marijuana sales taxes levied by both Florissant and St. Louis County, resulting in a total tax of 6% on weed sales.
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The bill is predicted to cost Missouri almost $430 million in its first year, and Democrats warn that eliminating the tax on capital gains — which happen when people sell assets like stocks and bonds — will only benefit the richest Missourians.
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The State Tax Commission has sent another order to Jackson County, this time about the 2025 assessments. The county's fight over the tax commission’s previous order has cemented a feud between a majority of legislators and County Executive Frank White Jr.
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Kansas lawmakers made passing property tax relief their top priority this session. But now that it's over, Republicans and Democrats alike are frustrated by a lack of action.
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After a judge order Jackson County to roll back recent property assessment increases that were greater than 15% — roughly three out of four properties — the county faces tough decisions for what to do next. Meanwhile, the housing market continues to drive up property values.
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The bill’s fiscal impact note estimates that removing the capital gains tax on personal income alone would represent a loss of over $100 million to the state’s general revenue fund each year.
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Kansas City voters soon will decide whether to renew the public safety sales tax. City leaders would use that money to build a new jail, but not everyone likes the idea.
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Pregnancy resource centers have proven controversial around the country, accused of providing women with inaccurate medical information in an effort to discourage them from seeking abortions.
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Opponents to the proposed tax cuts have expressed concern about effects on local and state services. The fiscal note on HB 903 estimates an impact of over $900 million on local government funds.
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Missouri Republicans are enthusiastic about President Donald Trump’s second term. But they acknowledge that his first months in office haven’t been without hiccups. Plus: A Kansas bill would eliminate state income taxes on tips for workers like food servers.
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One bill would set the state income tax to a flat rate of 4.7%, with the ability to reduce it to 3.7% over the next decade, and would also reduce the corporate income tax rate.
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A bill in Kansas would eliminate state income taxes on tips for workers like food servers. But the idea’s fate in the state likely hinges on whether Congress acts.