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How did Missouri earn the grade of C+? We examined the state taxes based on how age friendly they are. Missouri has a state sales tax of 4.23%. Of particular interest is that Missouri does have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Missouri has an effective property tax rate of 1.00%. Weighing these taxes and other taxes most likely to impact the aging population is how Missouri earned its state tax grade of C+.
Learn more about taxes in Missouri