Dead Missouri Measure to Cut Loathed Personal Property Taxes Revived

The Missouri Senate Monday night rejected a proposed five-year phase-out of the state’s property tax that could have saved state taxpayers nearly $1.5 billion by 2027.

On Thursday, the measure was resurrected as a proposal to make any increases in the personal property tax rate the same percentage as any real property tax rate hikes approved by counties, among a bevy of other provisions.

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