Missouri Tax Policy & Rates 2026
Income tax, sales tax, property tax, and overall tax burden for Missouri in 2026, with political context.
No
No Income Tax
4.95% (top, decreasing)
Income Tax Rate
#34
Tax Burden Rank (1=highest)
#31
Property Tax Rank (1=highest)
Tax Policy Overview
Missouri has been cutting income taxes toward a 4.5% flat rate. The state has moderate overall tax burden with significant variation in local sales taxes. Missouri has attracted businesses with competitive corporate tax rates.
Key Tax Rates
| Tax Type | Rate / Status |
|---|---|
| Income Tax | 4.95% (top, decreasing) |
| No Income Tax | No |
| Sales Tax | 4.225% (+local up to 11.9%) |
| No Sales Tax | No |
| Corporate Tax | 4.0% |
| Property Tax Rank | #31 nationally (1=highest) |
| Overall Tax Burden Rank | #34 nationally (1=highest) |
Political Context
Missouri Republicans have passed annual income tax rate reductions triggered by revenue thresholds. Democrats argue cuts benefit the wealthy. Missouri has a complex tax system with many local sales tax jurisdictions creating significant variation across the state.