Nationwide Tax Competition Heats Up as Missouri Governor Calls for Zero Income Tax
Americans for Tax Reform • • nation
Key Points:
- Missouri Governor Mike Kehoe has proposed phasing out and eliminating the state's individual income tax within five years, aiming to boost economic growth and competitiveness while maintaining a balanced budget.
- The proposal requires voter approval through a joint resolution to be placed on the ballot, signaling a deliberate and sustainable approach to tax reform.
- Americans for Tax Reform praised Missouri's move, highlighting the potential benefits for families and job retention within the state.
- In 2025, twelve states plan to cut income taxes, and Missouri joins 14 others endorsing full elimination of state income taxes, reflecting a broader trend among red states to reduce tax burdens.
- Currently, eight states have no income tax, and these low-tax states rank highly in economic growth indexes, while high
