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Economic Security Issues

Senate Protects Critical Tax Credit for More than 105,000 Low-Income Missourians

The Missouri Senate rejected a provision that would eliminate more than 105,000 low-income seniors, veterans, and people with disabilities from eligibility for a modest tax credit that is critical to keeping them in their homes. To learn more about the credit and the vote to
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At Home Thanks to Circuit Breaker: Missouri’s Circuit Breaker Helps Every County

Missouri lawmakers will soon consider a bill that would eliminate more than 105,000 Missouri seniors, veterans, and people with disabilities from a modest tax credit that is critical to keeping them in their homes and would remove millions from local economies throughout the
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At Home Thanks to Circuit Breaker: A Proven Effective Tax Credit that Helps MO Seniors and People with Disabilities Remain in their Homes

The tax credit package to be debated at a special session in September includes a $52 million cut to the Circuit Breaker Property tax credit program, which enables seniors and those living with a disability to remain in their homes. If passed, the measure would impact more than
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Extended Unemployment Benefits are Critical for Missouri Families and Missouri’s Economy

The U.S. Congress has provided federally funded unemployment insurance benefits to provide workers who have been hardest hit by the recession with extended benefits. However, a small group of Missouri senators is preventing passage of a measure that allows Missouri to accept
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Why Missouri’s Economy and Families Need a State EITC

The Missouri House of Representatives, Committee on Tax Reform recently held a hearing on House Bill 581. The Bill would create a state earned income tax credit for Missouri, one of the most cost effective and proven economic stimulus measures in the nation. Click here to
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Letting Extended Unemployment Benefits Expire Is Unwise

Unless Congress acts, federal extended unemployment benefits will end on November 30. Two million Americans and more than 44,000 Missourians will lose the benefits that help them keep food on the table, pay their rent or mortgage and keep utilities connected. Click here to to
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Missouri’s Unemployment Trust Fund Faces Major Deficit

Like most states, Missouri experienced significantly high levels of unemployment during the recession, causing the state’s Unemployment Trust Fund to be depleted. As a result, Missouri and 30 other states turned to the Federal Unemployment Trust Fund to make ends meet. As
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Census Data Show That Rising Poverty and Growing Numbers of Uninsured Reflect the Depth of the Recession

Growing numbers of Americans and Missourians live in poverty according to new data released by the Census Brueau. The number of persons without health insurance also continues to increase.  Click here to read the details.
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Consequences of Proposals to Drastically Change Missouri’s Tax Structure

Several constitutional amendments that propose to eliminate personal and corporate income taxes and replace them with a greatly expanded sales tax have been introduced this year in the Missouri Legislature.  Click here to read a policy brief on these proposals.  Click
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Legislation Strives to Reign in Abuses in Pay-Day Lending in Missouri

Missourians trapped in vulnerable financial situations are at risk of falling into the cycle of debt brought about by unrestricted payday lending. Click here to learn more about payday lending and why it is important for the Missouri Legislature to enact stricter regulations on
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