Missouri Revenue

Proponents of the proposal to eliminate Missouri’s current state general revenue structure and replace it with a greatly expanded sales tax often compare their plan to states that do not have an individual income tax. However: 1.    No state currently relies Read More

Missouri’s general revenue collections, after refunds, fell by 14.6 percent in February, resulting in a 12.7 percent decline for the first eight months of fiscal year 2010 overall. Click here to read the full report. Read More

If approved, HJR 48 and SJR 25 would require voter approval to amend the Constitution of Missouri. These amendments attempt to exclude Missouri from any individual mandate to purchase health insurance, which is a key provision of proposed federal health care reform. Click here to Read More

This presentation provides an overview of the state of Missouri’s budget and the structural causes of the state’s budget struggles.  Read More

A substitute version of Senate Joint Resolution (SJR) 29 was recently unveiled in the Missouri Senate. The substitute bill makes a number of changes including exempting a handful of services and purchases from the sales tax. Click here to learn more about how those changes would Read More

Several constitutional amendments that propose to eliminate personal and corporate income taxes and replace them with a greatly expanded sales tax have been introduced this year in the Missouri Legislature.  Click here to read a policy brief on these proposals.  Click Read More

Enacting the streamlined sales tax will help keep Missouri businesses competitive, provide the state with much-need funds and modernize our revenue structure.  Click here to learn more about this proposal.  Read More

On February 22 President Obama released his plan for comprehensive health care reform.  Click here to read a summary. Read More

Senate Joint Resolution 29 and House Joint Resolution 56 would place a constitutional amendment on the ballot to dramatically change the state’s revenue structure by eliminating individual  and corporate income/franchise taxes and replacing them with a greatly expanded Read More

The U.S. Senate health care reform proposal contains many significant improvements.  Click here to read an analysis of this proposal, which will likely be the basis for reform as the process goes forward. Read More