Will Missouri Voters Approve a Sales Tax Increase?
- Sales Tax News
- May 19, 2014 | Gail Cole
On November 8, 2014, Missouri voters will be asked to approve an increase to the state sales and use tax rate. Lawmakers are seeking a constitutional amendment that would increase the Missouri sales tax rate by 0.75% for a period of 10 years. If approved, the approximately $530 million/year generated by the tax increase would fund a variety of transportation projects. The tax would not apply to the retail sale of food.
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