Category: Taxes

Schmitt heads to Washington to talk tax reform with Trump administration

JEFFERSON CITY, Mo. – Missouri State Treasurer Eric Schmitt has long been a supporter of tax reform, authoring two of the largest tax cuts in the history of the state. And on Thursday, the State Treasurer will be traveling to Washington, D.C. to share that message with members of the […]

Fitzpatrick: Tax reform debate making it hard to estimate revenues

COLUMBIA, Mo. – Rep. Scott Fitzpatrick is gearing up for his second year as the House Budget chair, and following an impressive first session, the Republican lawmaker knows that the next fiscal year will be just as trying, if not more. Fun fact: House Budget Chair @FitzpatrickMO is #MizzouMade and, […]

Eigel proposing reducing income tax from 5.9% to 4.8% for small business owners

MERA proposal seeks to reduce tax burden for all incomes, reducing income tax and increasing gas tax ST. CHARLES, Mo. – State Senator Bill Eigel, R-St. Charles, will file the Missouri Economic Relief Act (MERA), hoping to re-align government spending priorities by decreasing the income tax and increasing fuel use […]

Brad Bakker announces HD 84 campaign

ST. LOUIS – Brad Bakker, associate attorney at Armstrong Teasdale, has announced his candidacy for HD 84. As of writing, no other candidate has officially announced that they are running in the heavily Democratic district. Rep. Karla May currently represents HD 84 and faces term limits. She has run unopposed […]

Tax Cut Now Tour heads to Missouri

JEFFERSON CITY, Mo. – Republicans continue pushing for tax cuts on a national level, led by President Donald Trump, who has promised the “biggest tax cut in the history of our country.” This will be the biggest TAX CUT in the history of our country – and we need it! […]

Income tax cut starts first phase Jan. 1

Koenig, Schmitt tout the income tax reduction leading up to cut implementation JEFFERSON CITY, Mo. – Beginning in 2018, Missouri’s highest income tax rate will fall from 6 percent to 5.9 percent for the 2018 tax filings, and will also allow small business owners to deduct 5 percent of business […]