From Yahoo Finance: 2025-05-11 10:54:00

Missouri House Bill 594 passed final vote, awaits Governor’s signature to eliminate capital gains tax, offering 100% income deduction on profits from assets like Bitcoin and XRP. Bitcoin at $104,000, XRP at $2.38, both up after news. President Trump’s tariff plan may reduce income taxes, awaiting Governor’s decision on bill to make Missouri tax-advantaged for investors. Prior to changes, Missouri taxed capital gains as ordinary income, with rates up to 4.7%. Individual with $350,000 in gains faced $16,273.55 state tax liability.

Read more: First state to potentially remove capital gains tax on Bitcoin, XRP, stocks