Special session on Missouri tax cuts drags on

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers are weighing different options to cut income taxes during a special legislative session. There’s no agreement yet. The Republican-led Senate on Thursday adjourned until Monday. Republican Gov. Mike Parson wants lawmakers to cut the top income tax rate from 5.3% to 4.8%. He also wants the GOP-led Legislature to increase the standard deduction by $2,000 for single filers and $4,000 for couples. Parson had called lawmakers back to work last week. But they pushed the session back to continue private negotiations. Lawmakers have also proposed gradually cutting income taxes even further depending on state revenue collections. Other bills would end corporate income taxes and give individual taxpayers rebates this year.