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Missouri Senate sets aside two House bills proposing capital-gains deduction
Summary
Missouri senators set aside House Bill 594 and House Bill 508, measures that a bill handler said would authorize a state income-tax deduction for capital gains; critics called the proposal a giveaway to wealthy taxpayers and corporations.
Missouri senators set aside House Bill 594 and House Bill 508, measures that a bill handler said would authorize an income-tax deduction for capital gains, during floor consideration in the tenth week of the regular session of the 100 and third General Assembly.
Senator Curtis Trent of Battlefield, the bill handler, said the measure would authorize an income-tax deduction for capital gains. Senate Minority…
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