Governor Eric Greiten’s has on outline for state tax reform.
The main principles of the outline released yesterday (Thursday) by the Governor will include cutting taxes for working families, lowering taxes for business and ending loopholes that benefit big businesses and high earners.
According Gretiens the plan would cut taxes for 97 percent of Missourians, and cuts the personal income tax rate for those making more than 9,072 a year, and it reportedly would eliminate taxes entirely for almost four hundred thousand Missourians.
The governor and his team say they plan to lay out more details over the next few weeks.
