Some calculators may use taxable income when calculating the average tax rate. This calculator estimates the average tax rate as the state income tax liability divided by the total gross income.

A new comprehensive real estate study has found that the average American household now needs a six-figure income to afford a ...

Missouri's top income tax rate has steadily declined from 6% in 2017 to 4.95% in 2023 as part of a similar tax cut plan approved in 2014. The latest measure would also reduce Missouri's corporate ...

Conservative lawmakers’ preference to cut taxes is nothing new, but Missouri state lawmakers are currently considering a tax measure that would privilege the state’s wealthiest individuals in ways no ...

Nuveen Missouri Quality Municipal Income Fund offers tax-exempt income for Missouri residents. Take a look at the NOM CEF and ...

The Missouri Senate approved a proposed ... reported on returns from Missouri. Using the state's top tax rate of 4.7 percent, applied to taxable income more than $8,911, the institute estimated ...

The Missouri Senate approved a proposed tax cut Monday despite questions about whether official estimates truly reflect how much it would reduce state revenue.