Sponsor outlines plan to eliminate state income tax; committee hears wide-ranging support and caution

Representative Bishop Davidson, sponsor of House Joint Resolution 1 (HJR1) and its companion House Bill 100, walked the committee through an ambitious tax‑reform package meant to eliminate Missouri’s personal income and capital‑gains taxes over time and to replace that revenue base by broadening consumption taxes and instituting spending restraints.

Davidson described three complementary mechanisms for tax elimination: capturing growth (a spending cap to hold spending below revenue growth), programmatic efficiency, and replacement revenues. In Davidson’s proposed committee substitute, the state would immediately eliminate the individual income tax and personal capital gains tax in the constitution, create a tax reform fund to capture growth, and use that fund to phase down a broadened state sales‑tax rate until it reached a constitutional…