SPRINGFIELD, Mo. (KY3) - Missouri will become the first state to tax income while eliminating the capital gains tax. A report ...
This year, Missouri became the first state in the country to tax income, but not capital gains. That could present a ...
Missouri's net general revenue rose by 8.6% in October 2025, indicating a positive fiscal trend for the state.
Capital gains taxes can eat into the profits you make from selling investments, sometimes leaving you with less money than you might have expected. But one state has changed its tax policy to help its ...
On August 28, 2025, Missouri House Bill 754 (HB 754), which was signed by Governor Mike Kehoe on July 10, 2025, will become law, introducing a pivotal change to the state’s tax code concerning ...
A new Missouri law exempting profits from the sale of investments from income tax takes effect, alongside the removal of sales tax from diapers and feminine hygiene products. This makes Missouri the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A new Missouri income tax cut ...
On July 10, 2025, Missouri Governor Mike Kehoe signed into law House Bill 594 (the “Bill”), which effectively eliminates the capital gains income tax for individuals and an income tax deduction for ...
When you sell an investment for more than you paid for it, then you typically have to pay capital gains tax on your profit. Federal tax law on capital gains applies to all U.S. taxpayers, but in ...
Edwin Castro of Altadena, California, who won $2.04 billion Powerball lottery Nov. 7, 2022, opted for the lump sum, which was ...
This year, Missouri became the first state in the country to tax income but not capital gains. That could present a challenge ...