HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Missouri (Group) » Conservative push to elim...

Tue Mar 9, 2021, 05:33 AM

Conservative push to eliminate Missouri's personal property tax hits turbulence, falls short

JEFFERSON CITY ó A conservative bid to scrap Missouriís personal property tax on vehicles and other items ran into bipartisan opposition and failed Monday.

The measure, which would cost local governments an estimated $1.4 billion in revenue, would bring the state in line with 29 others that do not have the tax.

But, it failed to advance after hours of debate and closed-door negotiations.

Sen. Bill Eigel, R-Weldon Spring, who is sponsoring the plan, said the reduction in revenue would be softened by phasing out the tax over time.

https://www.stltoday.com/news/local/govt-and-politics/conservative-push-to-eliminate-missouris-personal-property-tax-hits-turbulence-falls-short/article_4977fe7f-900f-58ff-a814-5013e17939e4.html

0 replies, 652 views

Reply to this thread

Back to top Alert abuse

Reply to this thread