Institute on Taxation and Economic Policy

January 14, 2013

Missourians for Tax Justice: Tax Reform Committee Hears HB 581

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On March 16, the Tax Reform Committee of the Missouri House of Representatives heard House Bill 581 which would create a state earned income tax credit (EITC). The bill would authorize, beginning January 1, 2011, an individual income tax credit equal to 20% of any earned income tax credit claimed by the taxpayer on his or her federal income tax return.

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