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Corporate Tax Rates Do Not Drive Business Decisions

While some policymakers advocate cutting Missouri’s corporate income tax as a way to revitalize the state’s still struggling economy, such a move would have little-to-no impact on business expansion or hiring, and is likely to backfire by reducing resources for schools, transportation, and other things that businesses cite as bigger concerns.  For more information on why corporate income taxes don’t spur growth and could even impede it, click here.

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