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Missouri Revenue

Following a Decade of Deficits: Missouri’s Revenue Crisis Continues

Despite significant reductions to Missouri’s general revenue budget over the last two years, Missouri’s funding crisis continues. Over the last decade, Missouri’s revenue has dropped to historic lows. Missouri policymakers have responded by depending upon a
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Summary of Revenue Solutions

Cut hurt!  For the past 20 days the Missouri Budget Project has highlighted 20 ways that budget cuts hurt individuals, families, communities and all of us. Click here to read 20 Ways in 20 Days. There is a better way!  Instead of just relying on cuts, Missouri needs to
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Strengthening Resources for a Better Missouri

This updated presentation provides an overview of the state of Missouri’s budget and options for strengthening the resources available for investing in the services and infrastructure that benefit all Missourians. June 2010
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The Clock is Ticking: Health Care Reform Begins This Year

The federal health care bills signed in March 2010 will begin to fix much of what is wrong with the current health care system. Of course, it cannot all happen at one time. Click here to read a short summary that shows when some of the important changes began and when others will
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Targeting Scarce Resources: Congress has Critical Opportunity to Boost the Economy and Reduce the Deficit

Significant changes were made to federal tax policy in 2001 and 2003.  Click here to read a new report on why the tax cuts targeted at middle- and low-income families should be made permanent and that the tax cuts for the high-income taxpayers be allowed to expire on schedule.
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Congress has Critical Opportunity to Extend Targeted ARRA Tax Changes That Most Help Missouri Families

Click here to read a new report on how extending changes to the federal  Earned Income Tax Credit and Child Tax Credit will help Missouri’s working families. 
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Missouri General Revenue Growth Remains Sluggish in April

Missouri’s net general revenue collections declined by 3.6 percent in April, resulting in a net decrease of 11.7 percent for all of Fiscal Year 2010 to date.  Click here to read the April general revenue report. 
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Missouri One of Few States to Levy Income Taxes on Families in Poverty, New Report Shows

Missouri families living below the poverty level in 2009 faced a substantial state income tax liability, according to a report released today by the Center on Budget and Policy Priorities.  Click here to learn more. 
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Summary of the Missouri Tax Credit Reform Proposals

Governor Nixon’s tax credit reform proposal was introduced last week on the Missouri Senate floor in the form of an amendment to Senator Dempsey’s economic development bill, Senate Bill 895. The House version of this proposal, House Bill 2399, was heard in the House
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The Estate Tax: A policy affecting few that hurts many

Under current law, the estate tax will disappear completely in 2010.  This will mean a loss of approximately $14 billion in revenue, a loss that could hurt many.  Click here to learn about current estate tax proposals being considered by Congress.
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