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Goods & Service Tax (GST) 5 August 2026

Missouri Voters Reject Tax Overhaul

Missouri voters have rejected Amendment 5, a proposal that would have overhauled the state's tax system by phasing out income tax and giving lawmakers the power to tax certain goods and services. The amendment would have also required local tax rate cuts without reducing school funding if local sales tax revenue increased, voters have spoken out against the proposed changes, citing concerns about the potential impact on seniors and low-income families, as well as the lack of clarity on which goods and services would be subject to taxation.

Missouri voters have rejected Amendment 5, a proposal that would have overhauled the state's tax system. The amendment proposed a phase-out of the state's income tax, while allowing lawmakers to increase taxes on goods and services.
- The amendment would have given lawmakers the power to tax certain goods and services that are currently exempt.
- It would have also required local tax rate cuts without reducing school funding if local sales tax revenue increased.
Voters have spoken out against the proposed changes, citing concerns about the potential impact on seniors and low-income families, as well as the lack of clarity on which goods and services would be subject to taxation.

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