The State Senate Governmental Accountability and Fiscal Oversight Committee is considering this year’s version of legislation that aims to replace the state income tax with an expanded sales tax. If approved by the General Assembly, SJR 29 and SJR 37 - rolled into a single joint resolution – would ask voters to change the Missouri Constitution to institute a version of the so-called Fair Tax.
Among those appearing at a Senate hearing to speak in favor of the legislation was Carthage businessman John Putnam, who wants simplicity. [Read more...]







