What would happen if you no longer had to pay income taxes?
Retired financial executive Rex Sinquefield and economist Art Laffer believe it would lead to economic growth and wealth.
“Sometimes when you lower taxes, you get less money. But sometimes you create enough economic activity to actually get more revenues,” Laffer told “St. Louis on the Air” host Don Marsh on Tuesday. “If you start lowering taxes from very high levels, you can actually sometimes actually increase revenues. Not all the time, but sometimes that happens.”
The Missouri Department of Transportation is urging drivers to avoid the area around the Poplar Street Bridge this weekend because portions of Interstates 44 and 55 will be closed downtown.
From Friday at 8 p.m. to Monday at 5 a.m., lanes in both directions will be closed from 7th and Park to the Stan Musial Veterans Memorial Bridge. One ramp off eastbound I-44 near the Old Cathedral downtown will stay closed until January 21.
In an environment where companies hold a lot of power, can you make a difference by buying just one share in a company?
Yes, said Brian Reavey, Marianist Province’s director for justice, peace and integrity of creation. Reavey will speak about shareholder advocacy on Thursday at a Women's Voices Raised for Social Justice program.
“There’s a lot of power in owning shares or just even being aware of what companies we’re buying our products from,” he told “St. Louis on the Air” host Don Marsh on Thursday.
A new forecast is suggesting gasoline prices in St. Louis will continue to be among the lowest in the nation for 2015.
GasBuddy.com's annual outlook predicts the peak price in the region will range from $2.65 to $2.95 cents a gallon, thanks in part to a decision by Saudi Arabia to continue production even as global oil prices fall.
The message to U.S. Attorney Eric Holder from Ferguson: hurry up.
In an open letter to Holder sent late last month, several Ferguson business owners, residents and even the mayor urged Holder to quickly release findings from his office’s federal investigation into Michael Brown’s death.
Missouri’s minimum wage will go up 15 cents as of New Year’s Day.
The increase from the current $7.50 to $7.65 is the result of a 2006 ballot referendum tying the state’s minimum wage to the Midwest Consumer Price Index. It’s the second 15 cent increase in as many years.