HB2975 — Modifies provisions relating to the calculation of income tax, establishing new progressive personal income brackets and repealing income tax subtractions for certain capital gains, with a referendum clause

HB2975 — Modifies provisions relating to the calculation of income tax, establishing new progressive personal income brackets and repealing income tax subtractions for certain capital gains, with a referendum clause · Informed CitizenryHouse Bill 2975 proposes significant changes to Missouri's state income tax system. The core of the bill is restructuring how personal income tax is calculated by establishing new progressive brack…Open in Informed Citizenry