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Missouri can’t afford to eliminate corporate franchise tax

Missourians for Tax Justice

Missouri’s corporate taxes are the lowest of the 46 states that have corporate taxes. But unless there is an immediate strong protest from citizens, it is likely state legislators will cut corporate taxes before this year’s legislative session ends on May 12.

"It is outrageous that legislation to eliminate the corporate franchise tax is speeding toward passage," Pat Martin, chair of Missourians for Tax Justice, said

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