Governor Parson Announces Historic Fifth Income Tax Cut …
WEBJul 30, 2024 · Today, during the Springfield Area Chamber of Commerce's annual State of the State, Governor Mike Parson announced that Missouri's robust economy and continued revenue strength has triggered an additional income tax cut under Senate Bills (SB) 3 & 5, approved by Governor Parson in 2022.
Governor Parson Signs Largest Income Tax Cut in State History …
WEBOct 5, 2022 · Eliminating the bottom income tax bracket, allowing Missourians to earn their first $1000 tax free; Allowing an additional .15 percent top income tax rate reduction to 4.8 percent when net general revenues increase by $175 million;
Missouri to cut income tax rate in 2025, marking fourth straight …
WEBGov. Mike Parson’s administration said Tuesday that the top income tax rate will decline from 4.8% to 4.7% effective Jan. 1. The reduction is a result of a 2022 state law that set a series of revenue benchmarks capable of triggering tax cuts in future years.
Gov. Parson signs Missouri's largest income tax cut into law
WEBWhile signing the income-tax-cut legislation Wednesday, Missouri Gov. Mike Parson said the estimated $760 million reduction, when fully phased in, will be “the largest tax cut in the state's...
Gov. Parson announces fifth income tax cut during his administration - MSN
WEBToday, Gov. Mike Parson announced an additional income tax cut under Senate Bills (SB) 3 & 5, approved by Gov. Parson in 2022. This income tax cut lowers Missouri's top income...
Missouri Gov. Mike Parson signs income tax cut bill into law, …
WEBOct 5, 2022 · While signing the income-tax-cut legislation Wednesday, Missouri Gov. Mike Parson said the estimated $760 million reduction, when fully phased in, will be “the largest tax cut in the state's...
Governor Parson's fifth tax cut reduces top income tax rate to …
WEBJul 31, 2024 · Missouri Governor Mike Parson announces an income tax cut to 4.7 percent, marking over a 20 percent decrease in tax burdens during his administration.
Parson signs largest income tax cut in Missouri history into law
WEBOct 5, 2022. JEFFERSON CITY - Gov. Mike Parson signed Senate bills 3 and 5 and House bill 3 into law Wednesday morning, as a result of the special session called to pass income tax cuts and...
Gov. Parson signs largest income tax cut in state history into law
WEBOct 6, 2022. JEFFERSON CITY – During a press conference and ceremony Wednesday at the State Capitol, Gov. Mike Parson signed SBs 3 & 5 and HB 3 into law. Both pieces of legislation are a result of the special session Governor Parson called to pass historic income tax cuts and extend key agriculture tax credits for a minimum of six years ...
Governor Parson Issues Special Session Call for Historic Tax Cut ...
WEBAug 22, 2022 · Today, during a press conference at the State Capitol, Governor Mike Parson announced that he has issued the official call for a special session to make historic income tax cuts and extend key agriculture tax credit programs for a minimum of six years.