Insight
The 'Everything Tax' nickname for Missouri's Amendment 5 highlights concerns about it enabling politicians to raise taxes with no public vote and no limit.
American Real Estate Association warns Missouri ballot measures could raise homeownership costs
Summary
Missouri ballot measures Amendments 4 and 5 face opposition from the American Real Estate Association and Missouri Realtors. The measures could enable transfer taxes, expand sales taxes to real estate services, and limit voter challenges to new taxes, potentially increasing housing costs.
Key takeaway