In Missouri, if you sell things like stocks and make money, you might not pay tax on that money soon.

A new rule could stop a tax for people this year. It might also stop the tax for companies if the state makes more money. Now, the rule goes to the Governor. He said he likes it a lot.

Some people say changing the tax will help the economy. Other people say it will mostly help rich people and mean less money for schools and help for people. The government changed the rules so old people and people who can't move well pay less tax. They also said people don't have to pay tax on baby nappies and products for women. Then the new rules were accepted.

Many states changed their taxes this year.

What is tax when you sell something for more money?

When you sell something like shares or a house and get more money, it is a profit. The government takes some money from this profit. If you keep the thing for a long time, the government takes less money.

Many places take money when people sell things like stocks.

But some states want rich people to pay more tax.

Why is it good to not pay tax when you sell things for more money?

Some people think stopping this tax is good. They say it helps people invest and spend money.

Jonathan Williams said if you tax something, you get less of it. He said you want more money for your state.

Chad Perkins wants to end a tax in Missouri.

This tax is bad for Missouri's money and jobs.

Who will get money from the tax change?

People who have a lot of money will get the most.

Sam Waxman said changing a tax in Missouri is not good. He said it could make things unfair for people.

A study showed that more white families earned money from investments compared to some other groups.

In Missouri, many people paid tax on money they made from selling things in 2022. This was not many people in total. A group says rich people will get most of the tax money back if the tax stops.

How much money do we lose if we stop the tax on selling things for more money?

Ending a tax in Missouri might cost the state a lot of money every year. But some people do not agree.

One group says it could cost about $600 million every year.

Trent thinks if the tax stops, the economy will grow more and the government will get more tax money later.

A professor studied tax changes. He said tax cuts don't help much.

Zidar said he thinks stopping the tax will not bring much money or jobs to Missouri.

He said, "I think we will get much less money."