Sen. Will Kraus Proposes Income Tax Cut, Sales Tax Increase

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A Missouri senator is rolling out a new proposal to overhaul the state’s taxes in an effort to keep pace with neighboring states such as Kansas.

A proposal expected to be debated Wednesday in the Senate would gradually reduce the state’s income tax rate by 1 percent over five years while gradually increasing the state sales tax by one-half percent over that same period.

Read more from KSDK.com


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