Missouri House committee moves to cut corporate income taxes, eventually phase them out
Headline from KSDK
Cody Smith said cutting corporate income taxes will attract new business and allow Missouri companies to pay higher wages or invest more in their businesses.
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Cody Smith said cutting corporate income taxes will attract new business and allow Missouri companies to pay higher wages or invest more in their businesses.
By SUMMER BALLENTINE Associated Press COLUMBIA, Mo. (AP) — A powerful Missouri House committee is trying to phase out corporate income taxes. The House Budget Committee on Wednesday tacked the provision onto another bill to cut individual income taxes.
The Missouri House will debate a tax cut bill Thursday that goes far beyond the special session agenda set by Gov. Mike Parson after the Budget Committee on Wednesday added
Missouri lawmakers have approved an income tax cut and ditched plans to cut corporate taxes. The Republican-led Missouri House on Thursday voted 98-32 in favor of a bill to cut
The Missouri House on Thursday abandoned its attempt to cut corporate income taxes after Gov. Mike Parson signaled his opposition to the move. Instead, House Republican leaders put a Senate-passed