Missouri Revenue

According to reports, initial paperwork will be filed on January 7th to circulate a ballot measure proposal to eliminate the state’s income tax and replace it with a greatly expanded sales tax.  Missourians know that if it sounds to good to be true, it probably 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

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.  Read More

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 Read More

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 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

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 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

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 Read More