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International Business Times UK
International Business Times UK
Politics
Jim Manzon

Missouri Voters Reject Amendment 5 Income Tax Plan, Preventing Potential Sales Tax Changes on Consumer Goods

Missouri's income tax funds about 61% of state revenue, a share voters chose to protect by rejecting a shift to higher sales taxes (Credit: Towfiqu Barbhuiya/Unsplash)

Missouri voters have rejected Amendment 5, defeating a Republican-backed plan to phase out the state income tax and let lawmakers raise sales taxes on everyday goods instead, a result that sends a warning to other states weighing the same trade.

The Associated Press called the race shortly after 8 p.m. on Tuesday, with about 84% of counted ballots against the measure.

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