Resolution Number 214 | Session 2015-2016
Board of Aldermen hearings on examing earnings tax.
The St. Louis Board of Aldermen direct the Ways & Means Committee to convene a hearing for the purpose of examining, investigating and gathering information regarding who pay earning taxes, who does not pay earning taxes, what revenue has been lost by the exemption of earning taxes on dividends and stock options since 2000, and what revenue since 2000 has been lost by diverting earning tax requirements to pay for office improvements and other unknown entities, what revenue has been loss using earning taxes generated to pay for site developmental cost for development projects and to have the Ways & Means Committee produce a written fiscal report to be distributed to the members of the Board of Aldermen.
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