Missouri Governor Mike Parson has announced the fifth income tax cut of his tenure, marking a significant move during his visit to Springfield.
This latest reduction, facilitated by Senate Bills 3 & 5 approved in 2022, will lower Missouri's top income tax rate, continuing a trend of tax reductions in the state. The announcement was made at the Springfield Area Chamber of Commerce's annual State of the State event, highlighting the state's financial growth and commitment to reducing the tax burden on its residents.
This tax cut is set to take effect in 2025, representing the fourth consecutive year of income tax reductions for Missouri citizens.
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Finally, a governor who understands that keeping more money in people's pockets is the best way to stimulate economic growth and personal freedom.
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At Springfield speech, Missouri Gov. Mike Parson announces tax cut triggered by 2022 state laws
Visiting southwest Missouri for a chamber of commerce "state of the state" event Tuesday, Missouri Governor Mike Parson announced what he called a “historic” fifth tax cut from his administration.
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Missouri governor announces fifth income tax cut under his administration
Today, during the Springfield Area Chamber of Commerce's annual State of the State, Governor Mike Parson announced that Missouri's robust
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