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Missouri Voters Reject Tax Shift | Real Estate News
Missouri voters soundly rejected two amendments that would have eliminated the state’s income tax, opting instead to keep the current system despite pressure from real estate groups and political factions pushing for change. The proposed shift—relying more on sales and use taxes, including potential new home-sale fees—faced fierce opposition from the Missouri Association of Realtors, who warned it could severely hurt homeownership affordability. Supporters, mostly Republicans, saw tax cuts as economic boosts, while opponents—including some Republicans and Democrats—warned of steep sales tax…
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