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Committee backs putting 1% earnings-tax renewal before St. Louis City voters
Summary
The Budget and Public Employees Committee voted a do-pass recommendation on Board Bill 100 to put a five-year renewal of St. Louis City—s 1% earnings tax before voters, after a presentation by the budget director that the tax supplies roughly 38% of general fund revenue and underpins many city services.
ST. LOUIS — The St. Louis City Budget and Public Employees Committee on Nov. 19 voted to advance Board Bill 100, a proposal to put before voters a five-year renewal of the city—s 1% earnings tax.
Aldewoman Jamie Cox Antuit, sponsor of Board Bill 100, told the committee the measure would submit the question of renewing the earnings tax to voters under the state—s five-year renewal requirement. "A 1% earnings tax is better than a 50% increase in your property taxes," Cox Antuit said in closing remarks.
Budget Director Paul Paine led a presentation that framed the earnings tax as the single largest source of general-fund revenue for the city. Paine said the city—s…
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