Shaping Policies. Creating Opportunities.

MO House Debates Elimination of Corporate Franchise Tax

Even while facing a budget shortfall approaching $700 million, the Missouri House is debating a bill to eliminate the corporate franchise tax, costing the state $85 million annually when fully phased in.  To learn more, click here.
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Health Care Spending Caps Will Protect Missourians

According to a new report, more than a quarter of a million Missourians currently face potential catastrophic expenses as a result of health care costs related to accidents or serious illness.  A provision in the Affordable Care Act will soon help these families protect both
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Mega Tax Efforts Advance and Threaten Missouri’s Future

Legislation and petition initiatives have moved forward that would eliminate the state’s personal and corporate income taxes and replace them with a greatly expanded sales tax.  These proposals are wrong for Missouri.  To learn more, click here. 
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Missouri Should Enact the Streamlined Sales Tax

In the last year, Missourians spent approximately $2.8 billion on e-commerce.  However, the state’s sales tax hasn’t kept up with the changing economy. In 2012, Missouri is estimated to lose $210 million in state and local revenue. Missouri policymakers can
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Mega Tax is Unwise Policy

There are currently nine initiative petitions and two legislative proposals to place a constitutional amendment before voters in November 2012 that would eliminate personal and corporate income taxes and replace them with a greatly expanded sales tax.  Learn about the mega
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Groups Say Mega Tax is Unwise Policy

This morning, Wednesday, 2/9, the House Committee on Tax Reform will hear a mega sales tax proposal, which would eliminate personal and corporate income taxes and replace them with a greatly expanded sales tax.  A broad range of groups say this is unwise policy, and the
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Mega Tax is Unwise Policy

There are currently nine initiative petitions and two legislative proposals to place a constitutional amendment before voters in November 2012 that would eliminate personal and corporate income taxes and replace them with a greatly expanded sales tax.  Learn about the mega
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Missouri General Revenue Posts Another Solid Gain in January

Missouri General Revenue collections increased 15.9% in the month of January, and net GR collections are up 6.3% for FY 2011.  If revenue continues to show improvement, the current fiscal year should be safe from any additional budget reductions.  However, the budget
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Missouri Takes Steps to Insure Those with Pre-existing Conditions

The Department of Insurance is making changes to remove barriers to enrolling Missourians in its Pre-Existing Conditions Insurance Plan.  To read our policy brief explaining these changes, click here. 
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Missouri’s Rainy Day Fund in Need of Revisions

While many states have successfully used their "rainy day funds" to respond to recent budget shortfalls, flaws in the design of Missouri’s fund have proven to be obstacles to its intended use.  Reforms to the fund would enable it to be better used to respond
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