Monday, February 21, 2011

Initiative petition calls to abolish Missouri's income tax

An initiative petition that would abolish the income tax in Missouri met standards for circulation. Secretary of State Robin Carnahan’s office says that the initiative would eliminate income, earnings, and the current sales tax. They would be replaced by an expanded sales tax. The initiative petition would also establish tax rebates for low income individuals to purchase certain items and prohibit tax credits.

A constitutional chance petition must receive enough signatures to equal eight percent of the total votes cast in the 2008 governor’s election in six of Missouri’s congressional districts.


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