Richardson: No reason to decouple Missouri’s tax code
House Speaker Todd Richardson stated Missouri’s taxes should not be decoupled from the federal code. Missouri is one of several states that links federal income tax changes to the state’s tax code.
Richardson’s stance falls in line with the state treasurer’s.
“By nearly doubling the standard deduction we can provide more tax relief to hardworking Missourians from all walks of life,” Eric Schmitt said in a news release in December
Richardson stated that he saw no reason to decouple and “reduce the tax cut for Missourians.”