Missouri lawmakers pass bill to reduce income taxes for businesses, individuals

Thursday, May 9, 2013 | 6:41 p.m. CDT; updated 12:58 p.m. CDT, Tuesday, August 27, 2013

JEFFERSON CITY — Battling back against tax cuts in neighboring Kansas, Missouri lawmakers gave final approval Thursday to an income tax cut for businesses and individuals that could reduce state revenues by about $700 million annually when fully phased in.