Missouri's top income tax rate decreases to 4.7% in 2025, following state law revenue criteria.

Missouri's top income tax rate will decrease for the fourth year in a row in 2025 from 4.8% to 4.7%. This decision was made after meeting revenue criteria set by a state law passed in 2022, which established benchmarks to trigger tax cuts. The reductions aim to provide financial relief to residents and stimulate economic growth.

August 04, 2024
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