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Missouri Governor's Bold Tax Swap Plan

Missouri Governor's Bold Tax Swap Plan

St. Louis News Today | 2 Min News | The Daily News Now! · The Daily News Now!

February 26, 20261m 15s

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Show Notes

Missouris Governor Mike Kehoe proposes a radical tax shift: ditching income tax for higher sales taxes. After private talks, the bill heads to the House floor. Opponents warn of increased burden on lower-income families, while supporters see economic growth. The House Budget Committee advances the bill with rate increases, projecting revenue neutrality. Democrats push for worker protections, setting the stage for House vote and potential Senate changes.

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