May 9th, 2025
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In Missouri, people sell things. Like houses. They make money. Soon, they might not pay tax on this money.
A new law stops a tax for people this year. Maybe it stops the tax for companies later. The boss likes this new law.
Some people like the new tax rule. Some people do not like it. They say it helps rich people. They say it means less money for schools.
Other states cut tax. Congress thinks about tax.
What is tax on more money?
You get money when you sell something for more money.
Some places tax money from selling things.
Some places have new taxes.
Why do rich people pay money?
Some people say it is good to not have a tax when you sell things. They say this tax makes people keep things.
If you tax something, you get less.
A man said his friends had an idea.
A man said a tax is bad for money in Missouri.
Who gets money from the tax stop?
Some people say rich people get more money.
Someone said a tax change is not good.
White families get more money from selling things than some other families.
Many people in Missouri pay tax. A group says rich people get more money if the tax stops.
How much is the tax?
Some people say a tax change will cost money. Other people say no.
It costs a lot of money. It is about $600 million.
Trent says no tax makes more money.
Owen looked at tax changes. He said tax cuts make people sell more things. But the government gets less money.
He thinks the tax change is bad.
He said, "I think the money will be small."
May 9th, 2025
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