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Missouri Senate approves tax cuts for capital gains, diapers and low-income seniors

2 weeks 4 days ago
The Missouri Senate approved a proposed tax cut Monday despite questions about whether official estimates truly reflect how much it would reduce state revenue. By a 27-6 vote, with the 10 Democrats evenly split and all but one Republican in favor, the bill now heads back to the House, where its sponsor, Republican state Rep. Chad Perkins of Bowling Green, intends to bring it to a final vote. Earlier in the afternoon, the cost estimate for the bill exempting long-term capital gains β€” profits from…
Rudi Keller