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Missouri Business Tax Climate Remains Among Best in the Nation

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Missouri Business Tax Climate Remains Among Best in the Nation


WASHINGTON, Nov. 22, 2022 /PRNewswire/ — Missouri steadily stays probably the greatest total states for enterprise taxes within the nation – and a high contender within the Midwest – incomes a spot within the high 15 states for the fourth consecutive 12 months, based on Tax Basis’s 2023 State Enterprise Tax Index.

The Index is designed to point out how nicely states construction their tax techniques, offering a street map for enchancment over short- and long-term. Decided by 5 elements – particular person earnings tax, gross sales tax, company earnings tax, property tax, and unemployment insurance coverage tax – the Index allows enterprise leaders, authorities policymakers and taxpayers to check their states’ tax techniques to the remainder of the nation.

The rating positioned Missouri throughout the high 4 states for company tax index and unemployment insurance coverage index and seventh greatest total in property tax rank. Missouri has improved its standing within the Index within the final six years, rising from 14th place in 2016 to 11th, the place it has remained since 2020. Outfitted with the second lowest company earnings tax fee (4%) within the nation, a $11,000 taxable wage base for unemployment insurance coverage and a 0.96% property tax fee, the Present-Me state’s low taxes solidify its place as a most popular location for enterprise.

Missouri’s low company tax fee works in tandem with reasonable enterprise and labor prices, sponsored coaching and incentive applications in addition to economical and predictable power pricing.

Latest investments in Missouri are anticipated to usher in billions in financial influence to their respective areas, together with an $800 million Meta knowledge heart close to Kansas Metropolis and an $800 million American Meals Group beef processing plant in Warren County.

The rankings are in – Missouri is the right place for companies searching for low taxes and ample alternatives!

Missouri Partnership is a public-private financial improvement group centered on attracting new jobs and funding to the state and selling Missouri’s enterprise strengths. Since 2008, Missouri Partnership has labored with companions statewide to draw firms which have created 31,000+ new jobs, $1.6 billion+ in new annual payroll, and $6 billion+ in new capital funding.

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The Tax Basis, a non-partisan analysis suppose tank based mostly in Washington, D.C., is the nation’s main impartial tax coverage analysis group. Since 1937, our analysis, evaluation, and specialists have knowledgeable smarter tax coverage on the federal, state, and international ranges.

Media Contact: Janelle Higgins | 314.541.4911 | [email protected]

SOURCE Missouri Partnership



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Missouri

Indiana, Missouri, Pennsylvania are top states with Powerball winners

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Indiana, Missouri, Pennsylvania are top states with Powerball winners


Lottery players in 45 states, Washington D.C. and two U.S. territories hope for good luck when Powerball holds its three drawings each week and, according to a GambleSpot report, some states have had more wins than others over the years.

People in Indiana may be pleased to learn their state placed No. 1 thanks to the 1,153 Powerball wins from Match 5, 79 from Match 5 + Power Play and 39 for the jackpot over the span of just over 30 years, the gambling site said.

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The other nine most-winning states for the popular lottery game were spread across the country.  

The timeframe that GambleSpot used to determine the order of its list for those types of wins ran from April of 1992 to 2024. It included a total of 43 states. 

ILLINOIS WOMAN WINS $1M FROM FORGOTTEN LOTTERY TICKET SHE LEFT IN HER BAG

The ten states at the top of the ranking notched a combined $40.43 billion worth of prizes adjusted for inflation, it said.

GambleSpot said the “luckiest” states when it came to Powerball were:

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1. Indiana

WHITING, IN – OCTOBER 17: Maryanne Rearick rings up Powerball lottery tickets for customers at a cigarette store October 17, 2005 in Whiting, Indiana. The numbers for the multi-state Powerball lottery, which is currently at the highest amount ever $3 (Scott Olson/Getty Images / Getty Images)

The Hoosier State owes its No. 1 spot to 1,271 wins, it said. Those amounted to nearly $6.46 billion.

2. Missouri

Between April 1992 and April 2024, Missouri clocked in at 1,046 wins, 31 of which landed someone the grand prize, according to GambleSpot.

3. Pennsylvania

WASHINGTON CROSSING, PA - MAY 10: Powerball tickets await players at Cumberland Farms convenience store May 10, 2004 in Washington Crossing, Pennsylvania. The winner of the May 8th $213 million dollar Powerball jackpot has yet to come forward. For selling the winning ticket, the Cumberland Farms store will receive $400,000. (Photo by William Thomas Cain/Getty Images)

WASHINGTON CROSSING, PA – MAY 10: Powerball tickets await players at Cumberland Farms convenience store May 10, 2004 in Washington Crossing, Pennsylvania. The winner of the May 8th $213 million dollar Powerball jackpot has yet to come forward. For se (William Thomas Cain/Getty Images / Getty Images)

The state of Pennsylvania had 918 wins. Pennsylvania is home to about 13 million people, per the U.S. Census Bureau.

4. Minnesota

The gambling site found the North Star State to have garnered 851 wins in about 32 years. Minnesota winnings totalled $3.75 billion during that span. The state lets those who land prizes upwards of $10,000 keep their identities private.

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5. Kentucky

powerball ticket

“Seattle, WA, USA – June 15, 2012: A pile of Washington state Powerball lottery tickets. Tickets cost $2 and are sold in several states throughout the United States for a cash prize. Drawings are held every Wednesday and Sunday night.” (iStock / iStock)

Kentucky notched 825 wins, earning it fifth place, and $3.16 billion in prizes, according to GambleSpot. The biggest Powerball jackpot ever scored in Kentucky was $128.6 million in 2009, the Kentucky Lottery website said.

WINNING $478.2M POWERBALL TICKET SOLD IN GEORGIA

6. Wisconsin

The number of wins that GambleSpot tracked in the Badger State during its research totalled 797. That equated to $4.35 billion, it said.

7. Arizona

An Arizona Lottery kiosk displays lottery ticket games ahead of a PowerBall $1.5 Billon jackpot at a kiosk inside the Phoenix Sky Harbor International Airport (PHX) in Phoenix, Arizona on November 3, 2022. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

An Arizona Lottery kiosk displays lottery ticket games ahead of a PowerBall $1.5 Billon jackpot at a kiosk inside the Phoenix Sky Harbor International Airport (PHX) in Phoenix, Arizona on November 3, 2022. (Photo by Patrick T. FALLON / AFP) (Photo by (PATRICK T. FALLON/AFP via Getty Images / Getty Images)

Meanwhile, the gambling site counted 789 wins for Arizona. The state started playing Powerball in 1994, per the Arizona Lottery website.

8. Louisiana

Louisiana placed eighth, having 700 wins and nearly $2.42 billion in winnings. The state’s biggest Powerball jackpot, won in 2017, was $191.1 million, according to the Louisiana Lottery.

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9. Florida 

Lottery tickets

MIAMI, FLORIDA – OCTOBER 04: Forms to pick numbers for Powerball are on display in a store on October 04, 2023 in Miami, Florida. Wednesday’s Powerball drawing will be an approximately $1.2 billion jackpot. (Photo by Joe Raedle/Getty Images)  (Joe Raedle/Getty Images / Getty Images)

The Sunshine state drew 567 wins and $4.90 billion during the timeframe it reviewed, GambleSpot’s research showed. 

10. Connecticut

Powerball has been available in Connecticut since late 1995. People in Connecticut have won in 517 instances, per the gambling site.

Overall, people that play Powerball have a 1 in 24.9 chance of winning, with the jackpot carrying odds of 1 in 292.2 million, according to the lottery.

The largest prize that Powerball has ever seen, a $2.04 billion jackpot, occurred two years ago in California, Powerball’s website showed.

MICHIGAN MAN HITS LOTTERY JACKPOT DAY AFTER JUST MISSING BIG WIN BY ONE NUMBER

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Only two of the states featured in GambleSpot’s top-10 list – Florida and Wisconsin – have been home to one of Powerball’s 10 largest jackpots. 

The lottery’s next drawing is slated for Saturday, when $171 million will go up for grabs.



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Advocacy groups and Missouri mayors speak out against underage gun possession

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Advocacy groups and Missouri mayors speak out against underage gun possession


The mayors of the four largest cities in Missouri, signed a letter addressed to governor-elect Mike Kehoe, asking him to take a concrete step to protect minors against the dangers of firearms.


COLUMBIA — The mayors of the four largest cities in Missouri signed a letter addressed to Gov.-elect Mike Kehoe asking him to take a concrete step to protect minors against the dangers of firearms. 

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Kehoe won’t be sworn in until Jan. 13, 2025, but leaders from around the state are already speaking out about what could change in their communities. 

The letter, dated Nov. 15, was signed by Springfield Mayor Ken McClure, with co-signatures from Columbia Mayor Barbara Buffaloe, Kansas City Mayor Quinton Lucas and St. Louis Mayor Tishaura Jones. 

Buffaloe told KOMU 8 that she wants her signature to let “the governor-elect know the mayors of the four largest cities are ready to collaborate on some of his public safety initiatives.”

The current Missouri constitution does not set a minimum age to possess a firearm, and Buffaloe said she thinks in this case, Missouri’s law should match the federal law.

One advocacy group told KOMU 8 that it has made its mission to end gun violence. Kristin Bowen, a Columbia-based volunteer of Mom’s Demand Action, said she feels personally drawn to the issue because of her kids.

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“It’s personal for me,” Bowen said. “Our kids have been trained since kindergarten on how to handle themselves in an active shooter situation, it makes me angry that we put so much on our teachers and our kids and our schools to protect our kids.”

From 2023 to 2024, both victims and offenders of firearm related crimes from the ages of 10 to 17 years old increased, according to the Missouri State Highway Patrol.

The number of victims increased from 37 to 51, and the number of offenders increased from 44 to 54. 

Bowen said her organization’s message gets lost at times, and is labeled with an “anti-gun” position. To her, Mom’s Demand Action is actually pro-gun ownership.

“We support the second amendment and the right for private citizens to keep and bear arms,” Bowen said. “It’s a misconception that we oppose the second amendment, that I think is a distraction from the real issue.” 

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Bowen wants to see real solutions and progress, and hopes that with a new administration, this issue will be less politicized.

“I wish that we could at this moment — where we’ve got new administrations coming in to office — step away from this as a political issue,” Bowen said. “And take seriously what works.”



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Missouri Attorney General plans to sue Jackson County over youth gun ban ordinance

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Missouri Attorney General plans to sue Jackson County over youth gun ban ordinance


KANSAS CITY, Mo. — Missouri Attorney General Andrew Bailey announced his office will file a lawsuit against Jackson County over a gun ordinance recently passed by the county’s legislature.

The ordinance, introduced by Jackson County Legislator Manny Abarca, prevents 18- to 21-year-olds from buying pistols or semiautomatic rifles.

“I will be filing suit against Jackson County for their illegal attempt to violate Missourians’ right to keep and bear arms,” Bailey posted on his X (formerly Twitter) account.

Bailey’s office also ordered the county to preserve all records and communications from the legislature related to the measure.

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The ordinance was opposed and even vetoed by County Executive Frank White, Jr., who warned the legislature it could open the county to legal battles like the one Bailey threatened.

Still, the legislature voted to overturn his White’s veto, a move he called “disappointing.”

White released a statement on Bailey’s intent to sue the county, saying he wasn’t surprised.

“This announcement comes as no surprise. From the start, I made it clear that this ordinance violated Missouri law,” White said in part in a statement. “While I strongly disagree with the state’s preemption of local gun regulations — because I believe communities should have the ability to protect themselves—ignoring the law doesn’t lead to progress. It leads to predictable legal challenges and wasted resources, and unfortunately, this ordinance will do more harm to gun safety advocacy than doing nothing at all.”

On Tuesday, White said his office was receiving concerns about the ordinance and called on the legislature to amend the measure to add protections for young hunters at a Wednesday meeting.

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Abarca and other legislators subsequently skipped the meeting to protest an ongoing disagreement on how to allocate over $70 million in ARPA funding.





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