Missouri Budget

The federal tax law signed in December allows businesses to utlize accelerated investment expensing.  As a result, Missouri will lose as much as $143 million in state corporate tax revenue from 2011-2012.  Missouri can prevent this loss by enacting a provision in its Read More

Many Missourians want to know how the Governor would trim $67 million from Medicaid in FY 2012 without cutting eligibility.  To learn more about the sources of the savings, click here. Read More

The Governor released his FY 2012 budget on January 19th.  Click here to read an overview of his budget recommendations.  Read More

Recent reports have highlighted both improvements in Missouri’s General Revenue for the current fiscal year and less dire forecasts for shortfalls in fiscal year 2012.  While improvements in the state’s fiscal condition are welcome, it is important to understand Read More

Governor Nixon appointed the Tax Credit Review Commission to review the state’s tax credits and make recommendations "for greater efficacy and enhanced return on investment."  The Commission discussed several global issues and took a detailed look at each of Read More

With so much conflicting information in the news about Missouri’s revenue crisis, it’s difficult to get to the facts. The MBP’s latest fact sheet on Missouri’s revenue crisis lays out the facts about Missouri’s revenue in an easy to understand brief. Read More

Click here to view the MBP’s most recent presentation on the ongoing crisis facing Missouri’s general revenue budget.     Read More

Updated In November Missourians will vote on Proposition A. If passed, the Proposition would undermine local control and decision making in every Missouri community. Proposition A would place vital local services and infrastructure perpetually at risk of Read More

Missouri recently won the race to the bottom, as South Carolina raised its cigarette taxes.  At 17 cents per pack, Missouri’s tobacco taxes not only lag far below the national average, but also far below the cigarette taxes of its neighbors.  Click here to read Read More

Missouri’s general revenue ended the fiscal year more than 9 percent below the previous year, likely the largest decline in one year since the Great Depression. Click here to read more details.   Read More