Missouri Realtors pour $1.9 million into campaign to defeat Amendment 5 tax plan
The Missouri Association of Realtors donated $1.9 million to the campaign opposing Amendment 5 on Tuesday, escalating the fight over a proposed constitutional amendment that would create a pathway for lawmakers to eliminate the state income tax through expanded or increased sales taxes.
The contribution to Missourians for Fair Taxation came days after Missouri Promise PAC, the committee backing Amendment 5, reported receiving $1.9 million from Missouri Promise Inc., a same-name nonprofit incorporated in Delaware whose donors are not publicly disclosed.
The nearly identical donations — the Realtors donation was $1 more than Missouri Promise’s check — make clear that the August ballot measure is quickly becoming one of Missouri’s most expensive and politically consequential fights of the year.
If approved by voters, lawmakers would be directed to establish revenue triggers for reducing the top state income tax rate, which is currently 4.7% for taxable incomes greater than about $9,200. It would grant lawmakers five years to change what is covered by sales tax or increase the rate to generate revenue to speed the elimination of the income tax.
https://missouriindependent.com/2026/06/02/missouri-realtors-pour-1-9-million-into-campaign-to-defeat-amendment-5-tax-plan/
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