sales tax

(via Flickr/Indofunk Satish)

Sales tax holiday this weekend in Missouri - except for a few municipalities

It will be a big weekend for back-to-school shopping in Missouri as the state's annual sales tax holiday runs Friday through Sunday. School supplies, clothing items under $100, and personal computers under $3,500 are among the goods that will be exempt from the state's 4.2 percent tax.

Cities and counties can choose to opt out and charge local taxes, but as Missouri Department of Revenue spokesman Ted Farnen says many are taking part.

(via Flickr/Indofunk Satish)

St. Louis County Council gives initial approves $46 million budget for Metro

Last night the St. Louis County Council moved one step closer to approving two funding bills for the public transit agency, Metro -  despite one councilman raising concerns about how the agency has spent tax dollars in the past.

Councilman Steve Stenger had threatened to withhold around $6 million- the amount Metro transit paid to a developer in 2010 for spaces in a Brentwood parking garage.

(Marshall Griffin/St. Louis Public Radio)

Governor Jay Nixon (D) is threatening to veto legislation passed Wednesday that would require Missouri residents to pay sales taxes on autos, boats and other vehicles purchased in other states.

Nixon called the measure a tax increase that flies in the face of a State Supreme Court ruling issued earlier this year that limited sales tax collections to purchases made in Missouri.  State Senator Mike Kehoe (R, Jefferson City) says, though, vetoing the bill would threaten jobs.

(St. Louis Public Radio)

Missouri lawmakers have approved legislation that would allow residents in the St. Louis area to vote on whether to raise a local sales tax to help fund improvements at the Gateway Arch.

The measure would allow a local election on a 3/16 percent sales tax. Part of the money would go to the Gateway Arch, and a portion would go to local parks. It also would allow voters in the Kansas City area to decide on a 1/10th percent sales tax for parks, trails and greenways in Jackson County.

U.S. Centers for Disease Control and Prevention

FDA and CDC continue investigation into source of E. coli contamination

The Federal Food and Drug Administration has now joined the Missouri Department of Health and Senior Services and the U.S. Centers for Disease Control and Prevention in investigating the source of the E. coli contamination that sickened 26 people in the St. Louis area.

(via Flickr/alkruse24)

Back-to-school shoppers in Missouri are getting a break this weekend, as the state’s annual sales tax holiday is in effect.

Today through Sunday, shoppers don’t have to pay the state sales tax on clothing items under $100 a piece, school supplies of up to $50 per purchase, computer software purchases up to $350, and computers and accessories up to $3,500.

Ted Farnen is with the Missouri Department of Revenue.

(via Flickr/mrwynd)

Green Sales Tax Holiday Begins in Missouri

The Third Annual Show-Me Green Sales Tax Holiday begins today and runs through April 25. Those wishing to purchase new Energy Star-qualified appliances in Missouri during the holiday will save at least 4.225 percent off the purchase, representing the elimination of the state's sales tax from the purchase, according to the Missouri Department of Revenue.

Marshall Griffin, St. Louis Public Radio

With less than a month to go in this year’s legislative session, another proposal is being made to overhaul Missouri’s tax structure.

The resolution would replace the state’s income tax with a sales tax -- and if passed by lawmakers, it would go before Missouri voters next year.

(via Flickr/public.resource.org)

Illinois consumers may find themselves paying sales taxes on some Internet purchases under a new state law.

The law says sales taxes must be charged when people buy from online retailers through an Illinois-based partner. For instance, an Illinois business might sell products through Amazon.com.

Online businesses generally don't charge state sales taxes. Illinois customers are supposed to pay it directly to the state, but they rarely do.

(Flickr Creative Commons User JD Hancock)

A House committee has voted along partisan lines to advance a proposal eliminating Missouri's income taxes and replacing them with a higher sales tax.

The vote Wednesday by the House Tax Reform Committee marked the first step toward moving the so-called "Fair Tax" proposal to the 2012 statewide ballot. All the Republicans on the committee voted for the measure and all the Democrats opposed it.

Missouri Gov. Jay Nixon says proposals to replace the state's income tax with an expanded sales tax is the wrong way to go.

Nixon spoke Wednesday to members of The Associated Press and the Missouri Press Association at their annual Capitol media event.

Nixon says the tax proposals would require raising the sales tax and levying it on purchases that currently are not subject to that tax. He says that is not smart.

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