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Missouri to require online stores to collect taxes

Updated: 2:30 PM CDT May 14, 2021 JEFFERSON CITY, Mo. Missouri is set to become the last state to require out-of-state online stores to collect sales taxes on residents purchases after the GOP House gave its approval Friday. House members voted 145-6 to send an online sales tax bill to fellow Republican Gov. Mike Parson, just hours before lawmakers’ 6 p.m. deadline to pass legislation. Bipartisan proponents have argued that it’s unfair that local Missouri stores have to charge sales taxes while out-of-state online retailers don’t. “We had to have a level playing field for them,” Democratic St. Louis Rep. Steve Butz said Friday.

Study: Texas tops for new businesses

Study: Texas tops for new businesses The study was released by Expertise.com, a Los Angeles company that specializes in reviews of service providers. In the three categories the company assessed, Texas ranked first for new business environment, sixth for costs and seventh for available resources. “Our latest report finds that Texas is the ideal place to start a new business,” said David Franklin, CEO of Expertise.com. California, Florida, Georgia and Washington join Texas as states most conducive to business startups while West Virginia, Wyoming, Rhode Island, Delaware and Connecticut ride in the caboose. Texas’ ranking doesn’t surprise Vanda Cullar with the Small Business Development Center at MSU. She sees Wichita Falls as an example of why businesses are being attracted.

Pritzker s budget pushes 9 new taxes worth nearly $1 billion

The budget proposal includes no reforms to pensions or other cost drivers, misleadingly labels various business tax increases as ‘closing corporate tax loopholes,’ and relies on gimmicks that conceal true deficits. And there’s a new gas tax.

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