St. Louis Public Radio News
(2010-01-08)
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ST. LOUIS
(St. Louis Public Radio) -
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If you pay personal income taxes in Missouri, chances are you're in the top tax bracket.
It takes only $9,000 a year in taxable income to reach the state's top tier.
State lawmakers set the tax brackets back in 1931 and they haven't changed since.
Now some say Missouri's tax system is due for an update both to address what they say is a basic issue of fairness and a growing budget hole in Jefferson City.
St. Louis Public Radio's Maria Altman reports.
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