Missouri Income vs. Sales Tax Debate: Jimmy from Joplin

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Uploaded by on Mar 2, 2010

http://www.afpmo.org Jimmy Morris was kind enough to take time out of his busy schedule balancing 2 businesses to talk about what eliminating Missouri's income tax means for his business decisions, his business growth and bringing jobs and businesses to Missouri.

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  • Lets assume we get the Missouri sales tax and the federal sales tax --both. Just to show you what happens.

    A 5,000 dollar roof job would have a tax of 4,000 dollars for federal, and maybe 500 for state. Thats 9,500.

    Lets say you got cancer - a 100,000 dollar disease -easy. Could be a million dollars. The federal Fairtax is on that - no exceptions at all. Could be 60,000 in sales taxes -- or 600,000.

    Why should a person with cancer have to pay so much tax?

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