Despite a looming budget cliff, some policymakers are pushing to eliminate the income tax in the 2026 legislative session. Proponents may instead look to replace the income tax with an expanded sales tax. While no detailed plan has been released yet, the sales tax rate would Read More
Governor Kehoe recently announced that Missouri expects a $1 billion shortfall in general revenue in FY 2027. This shortfall is expected mostly because of the implementation of previously passed tax cuts. COVID-related savings temporarily masked the shortfall, and this budget gap Read More
Medicaid (called MO HealthNet in Missouri) and the Supplemental Nutrition Assistance Program (SNAP) help keep Missourians and their families healthy and fed, so they can work, succeed in school, and contribute to their communities. But recently passed provisions included in the Read More
The recently passed budget reconciliation bill prioritizes tax cuts and expands loopholes for the wealthy and corporations while cutting more than $1 trillion from Medicaid and food assistance – all while adding $3.4 trillion to the national deficit. This legislation leaves Read More
During the 2025 State Legislative Session, lawmakers passed House Bill 594, which exempts capital gains from income tax, making Missouri the only state in the nation that levies an individual income tax that does not also tax capital gains.[i] Capital gains are income generated Read More
Medicaid helps keep Missourians and their families healthy, so they can work, succeed in school, and contribute to their communities. But Congress is considering the biggest cuts to Medicaid in history, resulting in unprecedented reductions in health services for Missourians. The Read More
The U.S. House of Representatives is barreling forward to meet its self-imposed deadline of voting this week on legislation that would enact the largest cuts to Medicaid and SNAP in the history of the programs. The cuts would strip health coverage and food assistance away from Read More
State Medicaid cuts made in 2005 – which are only a fraction of the size of the cuts being discussed today – caused nearly 150,000 Missourians to lose Medicaid coverage, increased the number of uninsured Missourians, and led to increased costs for providers and patients. The Read More
Work requirements impose administrative barriers and red tape that cause people to lose their coverage – including those who are supposed to be exempt from the requirements in the first place. Read More