(JEFFERSON CITY, MO) – Tuesday, during the Springfield Area Chamber of Commerce’s annual State of the State, Governor Mike Parson announced that Missouri’s robust economy and continued revenue strength has triggered an additional income tax cut under Senate Bills (SB) 3 & 5, approved by Governor Parson in 2022. This income tax cut lowers Missouri’s top income tax rate to 4.7 percent and marks a more than 20 percent decrease in Missourians’ income tax burdens during the Parson Administration
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