HB821 — Establishes the "Fair Tax Act of 2025" which replaces the state individual and corporate income tax and the estate tax with a fair tax based on all new retail sales and services

HB821 — Establishes the "Fair Tax Act of 2025" which replaces the state individual and corporate income tax and the estate tax with a fair tax based on all new retail sales and services · Informed CitizenryThe Fair Tax Act of 2025 proposes amending Chapter 144, RSMo, by eliminating state taxes on income for all tax years beginning on or after January 1, 2028. All revenues lost from the prohibition on…Open in Informed Citizenry