Missouri’s Republican-controlled Senate approved legislation Thursday that could pave the way to eliminate the state’s personal income tax, which brings in more than two-thirds of its revenue.
The Senate voted 18-11 to approve two House joint resolutions (HJR 173 and HJR 174) that would seek voter approval to gradually reduce the state’s income tax rate and to allow lawmakers to increase and expand sales taxes to fill the revenue gap. Senators amended the plan in the final hour to remove provisions that would have automatically ...