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Featured State Tax Policy

Missouri Revenue: Digging Out from a Hole, Only to Go Over a Tax Cut Cliff

Recent spending restrictions are just the beginning of a steep fiscal cliff for Missouri as a result of tax cuts passed in the 2014 legislative session. To maintain FY2014 services and fully fund education, Missouri would face a more than $2 billion shortfall when tax cuts are
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Senate-Approved Tax Scheme Would Cost Nearly $800 Million SB 509 Would Require Cuts to Critical Services

The Missouri Senate approved Senate Bill 509 this week. The measure would require sharp cuts to state services, undermining Missouri’s economy by starving it of the resources it needs to offer quality education from preschool to college, a state of the art infrastructure, and
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Tax Proposals Before Senate Ways & Means Would Dramatically Reduce State Revenue, Disporportionately Benefit Wealthiest, But Not Create Jobs

The Missouri Senate Ways & Means Committee will hear three major tax bills this week. Though they differ in their components, each would drastically reduce state revenue, disproportionately benefit Missourians with the highest incomes, and fail to create jobs. Click here for
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