O’Laughlin Discusses Recently Passed Tax Cut Legislation

During the recent special Senate session, lawmakers passed a tax cut bill that would eliminate one billion dollars in taxes for Missourians. Shelbina State Senator Cindy O’Laughlin…

The bill will lower Missouri’s income tax rate from 5.3 to 4.95 percent beginning in 2023. The legislation also includes future reductions to continue to lower the income tax rate to 4.5 percent if economic growth figures are met.