Shaping Policies. Creating Opportunities.

$15 Minimum Wage and Access to Paid Earned Sick Leave Good for Missouri Kids and Families

We all benefit when working parents earn enough to support their families and can care for their health and their children’s health without risking their jobs or paychecks. An upcoming initiative on the 2024 ballot would build prosperity for Missouri families and communities by
Read More

Raising Missouri’s Minimum Wage Is Good for Workers and the Economy

Missouri workers are the engines of our economies. When they earn a decent wage and can afford to care for their families, then they can fully participate in their communities and contribute to Missouri’s economic growth. An initiative on the 2024 ballot would build quality jobs
Read More

Economic Impact Analysis of Clean Slate in Missouri

Many hardworking Missourians seeking to build better lives for themselves and their families face barriers to employment due to past convictions. Despite having paid their debts to society, criminal records can reduce economic opportunity for those who have had involvement with
Read More

Overview of Missouri’s Recreational Marijuana Tax Revenue

In February 2023, sales of recreational marijuana became legal in Missouri following voter approval of a state constitutional amendment that legalized marijuana for Missouri residents over age 21. This amendment included a six percent state sales tax on recreational marijuana.
Read More

State Revenue Bottoms Out: The Impact of Years of Tax Cuts & Ongoing Implementation

Contrary to the extraordinary growth of general revenue in recent years, state revenue is stagnating, which will result in difficult budget decisions in future years. The fluctuations in state revenue are a result of overlapping factors. Specifically, federal COVID funding has
Read More

Federal Reimbursement Allowance Critical to Solvency of Missouri’s Entire State Budget

Medicaid provider taxes (commonly referred to as the Federal Reimbursement Allowance, or FRA) are a critical funding stream supporting the entire state budget. While dollars raised through the FRA directly support the MO HealthNet program, the funding frees up state general
Read More

Overview of Missouri’s Circuit Breaker Property Tax Credit

The Missouri Property Tax Credit (or “circuit breaker”) helps older adults and Missourians with disabilities living on fixed incomes stay in their homes by providing a credit towards the cost of their property taxes. However, the credit has not been adjusted since 2008 and is
Read More

Introduction to Missouri’s State Budget (2024)

The Missouri Budget Project’s “Introduction to Missouri’s State Budget” outlines Missouri’s budget process, including where the state’s revenue comes from and how the state allocates funding. State Budget & Taxes: Impact at a Glance We all want to live in healthy
Read More

How Missouri Taxes & Revenue Compare to Other States

A number of tax changes made over the last three decades have resulted in an inadequate, upside-down tax system where low- and middle-income Missourians pay a higher share of their income in taxes than the richest Missourians, and out-of-state corporations pay less than their
Read More

Estimated Impact of Increased Minimum Wage & Access to Earned Sick Leave on Missouri Workers, Families, & Economy

Missouri workers are the engines of our economies. When they earn a decent wage and can care for their health and their families’ health without risking their jobs or paychecks, then they can fully participate in their communities and contribute to Missouri’s economic growth.
Read More
Verified by MonsterInsights