How proposal for drastic tax change could affect your pockets - KMOV.com

How proposal for drastic tax change could affect your pockets

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By Bryce Moore By Bryce Moore

(KMOV) – There’s an effort underway to eliminate Missouri’s income tax and replace it with a larger sales tax. That proposal could be on the November 2012 ballot.

Right now state residents pay six percent income tax on earnings over $9,000 per year. For those who live or work in the city of St. Louis or in Kansas City, add on an extra one percent. Also, the state portion of sales tax is 4.225 percent on non-food items.

On Thursday, News 4 talked to Travis Brown of “Let Voters Decide.” Brown is in favor of eliminating the tax.  On Wednesday, News 4’s Jasmine Huda spoke to Chris Guinther of the Missouri National Education Association, a supporter of keeping the state income tax.

You can watch both sides of the argument by clicking the related videos to the right of the page.


For more information on the campaign to keep the 2 percent payroll tax, click here         

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