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missouri tax

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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Introduction to Missouri’s State Budget – 2025

Every Missourian wants to live in a healthy, thriving community, where they and their families have the opportunity to thrive from childhood through retirement, with good schools, well-maintained highways and infrastructure, and strong local economies. Our state taxes fund the
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