Shaping Policies. Creating Opportunities.

MBP Statement on Income Tax Proposal in State of State Address

For Immediate Release: January 28, 2025
Contact: Traci Gleason

MBP Response to Income Tax Proposal in State of State Address
Statement by Amy Blouin, President and CEO, Missouri Budget Project

“Whether it happens over time or all at once, eliminating the state income tax wipes out more than 60% of the state general revenue budget and will require massive cuts to the services our communities need to thrive, harming Missourians across the state.

Working Missourians can’t simply go to the store and buy what they need to thrive, like teachers for their children or roads to get to work. Our tax dollars and shared investments help us all build better lives and care for our families.

When we invest in educating a skilled workforce, building efficient transportation infrastructure, and ensuring safe, stable, and healthy communities, Missouri families and local economies can prosper – and we create the conditions for individuals to choose Missouri as the state they want to live in, and businesses to expand or move to our state.

We can’t cut our way to prosperity. But when we work together with other Missourians, we can build a stronger state.”

#

The Missouri Budget Project is a nonprofit public policy analysis organization that analyzes state budget, tax, and economic issues.

About the Author
Verified by MonsterInsights