YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The city of St. Louis is reportedly preparing to lose $26 million in earnings and payroll taxes.
The city is estimating that it will lose out on roughly 10% of current revenues from the taxes in the fiscal year starting July 1.
The city's earnings tax is a 1% assessment on income earned by businesses and residents in the city, as well as nonresidents who work in the city. It's been a topic of debate for decades, and new legislation seeks to exempt remote workers.
Read more from the St. Louis Post-Dispatch.
April 7 was the official opening day for Mexican-Italian fusion restaurant Show Me Chuy after a soft launch that started March 31; marketing agency AdZen debuted; and the Almighty Sando Shop opened a brick-and-mortar space.