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Missouri Revenue

Missouri Revenues Continue Modest Growth in November

Missouri General Revenue collections (net of refunds) increased 3.3 percent in November, and net GR collections are up 3.5 percent for FY 2011 overall.  However, even with this revenue growth, budget reductions of approximately $800 million are likely for FY 2012. 
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Fair Tax Anything But Fair

An issue likely to be debated in the 2011 Missouri Legislative session is the proposal to replace state income tax — both individual and corporate — with a greatly expanded sales tax.  Proponents of the legislation refer to it as the "fair tax," but
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Letting Extended Unemployment Benefits Expire Is Unwise

Unless Congress acts, federal extended unemployment benefits will end on November 30. Two million Americans and more than 44,000 Missourians will lose the benefits that help them keep food on the table, pay their rent or mortgage and keep utilities connected. Click here to to
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Just the Facts: Understanding Missouri’s Revenue Crisis

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.
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The Missouri Budget: Strengthening Resources for a Better Missouri

Click here to view the MBP’s most recent presentation on the ongoing crisis facing Missouri’s general revenue budget.    
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Missouri’s Unemployment Trust Fund Faces Major Deficit

Like most states, Missouri experienced significantly high levels of unemployment during the recession, causing the state’s Unemployment Trust Fund to be depleted. As a result, Missouri and 30 other states turned to the Federal Unemployment Trust Fund to make ends meet. As
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Proposition A: How Missourians Are Harmed by Repeal of City Earnings Taxes

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
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Johanns Amendment undermines health care reform: Better alternatives are available

Resolving concern about the burden of paperwork for small businesses could undermine the positive impact of health care reform by raising insurance premiums, increasing the number of uninsured and eliminating preventive health funding.  To read how these seemingly unrelated
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Missouri Hits Bottom: It’s Time for Cigarette Tax Reform

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
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Missouri General Revenue Report: Missouri Ends Fiscal Year 2010 with Record Drop in Revenue

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.  
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