The typical Missouri household might have relatively little to gain from a Senate-endorsed overhaul of the state's tax policies.
The proposed mixture of income tax cuts and sales tax hikes could save a few dozen dollars annually for a family of four earning just slightly more than Missouri's median household income of about $45,000.
Wealthier taxpayers, particularly those running their own businesses, might save a lot more. Yet seniors reliant on Social Security benefits could pay more.
Holts Summit voters will decide on Nov. 6 whether to renew a 20-year-old sales tax. The .05 percent sales tax is earmarked for capital improvements and if renewed, would continue until 2033.
Holts Summit City Administrator Brian Crane said the city primarily used the original sales tax revenue to build a new sewage system. He said the renewal would expand upon necessary improvements to city infrastructure.