Plank Strongly Against Corporate Tax Cuts
March 27, 2023 8:51AM CDT
The Missouri House last week passed a proposed one billion dollar tax cut plan. It would reduce corporate income taxes from four to two percent over the next year and could drop another one percent in 2025 if revenue goals are met. Representative Adrian Plank is strongly against these cuts.
The plan calls for the potential end of corporate income tax by 2027.
The tax cut plan now sits in the Senate.