Missouri Voters Reject Sales Tax Increase
- Aug 7, 2014 | Gail Cole
Constitutional Amendment 7 sought to increase sales tax by 0.75 cents in order to “fund state and local highways, roads, bridges and transportation projects for ten years, with priority given to repairing unsafe roads and bridges.” It was expected to generate $480 million annually for the Transportation Safety and Job Creation Fund and $54 million for local governments.
Amendment 7 also sought to prohibit increases in the gas tax.
Sales tax automation software keeps businesses on top of sales tax changes when they do happen. Learn more.