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capital gains

Governor Signs $500 Million Tax Giveaway as State Faces Growing Budget Challenges

For Immediate Release: July 10, 2025Contact: Amy Blouin, Governor Signs $500 Million Tax Giveaway as State Faces Growing Budget Challenges   Statement from Missouri Budget Project CEO Amy Blouin Governor Kehoe is expected to sign House Bill 594 this afternoon, a tax bill that
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Costly Capital Gains Exemption Will Make Missouri Taxes More Regressive

During the 2025 State Legislative Session, lawmakers passed House Bill 594, which exempts capital gains from income tax, making Missouri the only state in the nation that levies an individual income tax that does not also tax capital gains.[i] Capital gains are income generated
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Press Statement: Legislature Approves $500 Million Tax Giveaway as State Faces Growing Budget Challenges

Statement from Missouri Budget Project CEO Amy Blouin With today’s vote in the Missouri House, the state legislature has forwarded to Governor Kehoe a tax bill that will reduce state revenue by at least half a billion dollars annually. This comes at a time when our state is
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Press Statement: Senate Advances $500 Million Tax Giveway As State Faces Growing Budget Challenges

For Immediate Release: April 2, 2025Contact: Traci Gleason Senate Advances $500 Million Tax Giveway As State Faces Growing Budget ChallengesStatement from Missouri Budget Project CEO Amy Blouin The Missouri Senate gave initial approval today to a tax bill that will reduce state
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