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Missouri State Capitol

Missouri

Missouri Dems critical of proposed tax cut

JEFFERSON CITY (The Center Square) – As Missouri Republican Gov. Mike Parson began traveling throughout the state on Tuesday to promote a $700 million income tax reduction during a special session in September, Democrats criticized the plan. “The Governor’s Special Session is an election season ploy to change the subject after suddenly discovering that eliminating Missourians’ reproductive rights isn’t the winning issue Republicans thought it would be,” House Minority Leader Crystal Quade posted on social media. “It is also a […]

todayAugust 24, 2022 261 16 15

Missouri cryptocurrency

Financial News

Missouri legislation would shield cryptocurrency from some taxes

JEFFERSON CITY (The Center Square) – Missourians using digital or virtual currencies would be protected from some taxation under a bill introduced in the legislature. House Bill 2672, sponsored by Rep. Phil Christofanelli (R-St. Peters) exempts cryptocurrencies from property tax and securities regulation. The bill defines digital assets in Missouri’s Uniform Commercial Code. It would exempt the sale or use of cryptocurrency from money transmitter licensing requirements. “My goal is to ensure Missouri is open to innovation and opportunity as […]

todayFebruary 24, 2022 121

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