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Featured State Tax Policy

Wayfair Fix Can Help Stabilize Missouri’s Budget

View/Download the PDF Version By enacting the “Wayfair Fix,” legislators can level the playing field for Missouri businesses, help balance the state’s budget, and provide the much-needed resources our communities need to prosper. While Missouri’s local businesses contribute to
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The Case for Decoupling: How Federal Tax Changes May Impact Missouri Revenue

Download the Full PDF A number of provisions included in the recently passed federal tax law will affect state revenue collections because of the way state and federal tax laws interact. While most of these implications are clear, the way that Missouri’s state personal exemption
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Senate Tax Bills Provide Unfair Giveaways, Leave Communities Reeling

Download the Full PDF The Missouri Senate Ways & Means Committee is considering two bills that would dramatically alter Missouri’s tax code, beginning in 2019. While the bills contain a few good provisions that the Missouri Budget Project supports, those features pale in
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Creating Winners & Losers: Lessons for MO on the Implications of the Business Income Deduction

Download the PDF Version On top of budget restrictions made earlier this year, state lawmakers who are putting together next year’s state budget are considering additional cuts to a number of services that help Missouri families stay afloat, including cuts to school
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Streamlined Sales Tax

This page will be regularly updated – please check back often Missouri tax laws have failed to keep pace with a changing economy, reducing the state’s ability to invest in the well-being of its citizens. In particular, Missouri and other states that rely on sales and use taxes to
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State EITC: Reduce Poverty, Boost Local Economies,& Encourage Work

A prosperous Missouri requires a strong middle class, with the ability for families that work hard to achieve a better future. A state Earned Income Tax Credit (EITC) is one of the best ways Missouri can help all working families – even those in low-paying jobs — have the
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New Census Data Underscores Need for Missouri Earned Income Tax Credit

Statement from Amy Blouin, Missouri Budget Project Executive Director More than one in five Missouri kids are growing up in families that can’t afford the basics necessary for a good start to life because they make so little. Although poverty slightly declined since the previous
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Recommendations for a More Prosperous Missouri: Invest in Missouri

Investing in Missouri: Creating a Better Future for Our Families   By enacting these two measures, Missouri’s lawmakers could dramatically strengthen state services and lay the foundation for a more prosperous Missouri in 2016.   Expand Medicaid Eligibility to Improve the
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State Earned Income Tax Credit Would Benefit Missouri

Earned Income Tax Credits (EITCs) encourage work, enhance take-home pay, improve health & economic outcomes, and have lasting benefits. Proposals to create a state-level EITC would build on these benefits of the federal EITC for more than 500,000 Missouri families. Click here
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Tax Cuts Fling Missouri Toward Massive Budget Cliff

Despite the release of many gubernatorial budget restrictions, weak state general revenue collections continue to require reduced funding in the current year. However, Missouri’s current budget challenges are just the beginning of a massive, self-imposed fiscal cliff
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