Missouri HJR173 proposes a constitutional amendment to eliminate state individual income tax by 2031, provided certain revenue triggers are met.

Missouri HJR173 proposes a constitutional amendment to eliminate the state individual income tax by 2031, contingent on revenue triggers being met. The amendment also mandates that political subdivisions adjust their sales and use tax rates to offset revenue from tax base expansions. Additionally, it prohibits the expansion of sales and use taxes to include services not taxed as of January 1, 2015. The amendment aims to reduce the tax burden on citizens by adjusting various tax rates and levies.

Missouri HJR173 proposes a constitutional amendment to eliminate state individual income tax by 2031, provided certain revenue triggers are met.

Missouri HJR173 proposes a constitutional amendment to eliminate the state individual income tax by 2031, contingent on revenue triggers being met. The amendment also mandates that political subdivisions adjust their sales and use tax rates to offset revenue from tax base expansions. Additionally, it prohibits the expansion of sales and use taxes to include services not taxed as of January 1, 2015. The amendment aims to reduce the tax burden on citizens by adjusting various tax rates and levies.