Missouri Revenue

A number of tax changes made over the last decade have resulted in an inadequate, upside-down tax system that shifts the costs to hardworking Missouri families while the wealthy and out-of-state corporations pay less than their fair share for public services, depriving our state Read More

Failure to renew the state’s Medicaid provider taxes would not only cost Missouri the funding associated with those taxes and their corresponding federal Medicaid match, but could also put up to $5.7 billion in additional federal dollars from the American Rescue Plan at risk. Read More

At first glance, it seems like Missouri’s state general revenue has fared well through the pandemic. However, much of state revenue growth can be attributed to Missouri’s delayed tax deadline and earlier federal COVID relief that is now expiring. Assessed in the context of these Read More

The health and economic effects of the Coronavirus will require an aggressive state and local policy response to help families make ends meet and avoid disastrous economic consequences. It is critical for Missouri to act in tandem with federal responses in order to cushion the Read More

Tax Changes Leave State Unable to Meet Inflationary Costs Recently announced growth in Missouri’s state general revenue collections may be misleading because the growth is based on a comparison to very weak collections in the prior year. Taking a more comprehensive view shows Read More

Download the PDF Higher than expected state general revenue growth could result in more than $200 million in additional revenue than anticipated, allowing Missouri to restore cuts to prescription assistance for seniors and home care for people with disabilities. While general Read More

For Immediate Release, May 17, 2018 Lawmakers are set to give a huge tax break to profitable corporations while undermining our ability to fund schools, health, roads, and other things Missourians need. At the same time, lawmakers are considering scrapping a tax credit that would Read More

Download the PDF Despite a growing economy and low unemployment, state general revenue has dropped significantly, hindering the ability of Missouri to invest in the resources our communities need to prosper. State revenue trends generally reflect economic indicators. However, Read More

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 Read More

A stunning state revenue collapse in the final days of the last fiscal year (FY2016, which ended on June 30th) may continue to hamper Missouri’s ability to meet the educational, health, and other needs of Missourians. Decreased revenue in the month of June prompted the Governor Read More