Similar Stories to Missouri’s Huge Tax Break For The Rich Could Erase 60 Percent Of Its Annual Revenue on Bing News

The Missouri State Capitol. CREDIT: AP Missouri Republicans are pushing for a regressive income tax cut that could end up costing the state billions of dollars each year thanks to a loosely worded sentence in the legislation. The law would push the top marginal income tax rate down from 6 percent to 5.5 percent, among other provisions.

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