Shaping Policies. Creating Opportunities.

State Tax Policy

Congress Passes Budget Reconciliation

For Immediate Release: July 3, 2025Contact: Amy Blouin, Congress Passes Budget Reconciliation      Community leaders respond to passage of the budget reconciliation bill, which puts health coverage and food assistance for hundreds of thousands of Missourians on the chopping block
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How Missouri Taxes & Revenue Compare to Other States

A number of tax changes made over the last three decades have resulted in an inadequate, upside-down tax system where low- and middle-income Missourians pay a higher share of their income in taxes than the richest Missourians, and out-of-state corporations pay less than their
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With Repeated Tax Cuts, Missouri’s Investments in Its Residents Have Eroded

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
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MBP Statement on Income Tax Proposal in State of State Address

For Immediate Release: January 28, 2025Contact: Traci Gleason MBP Response to Income Tax Proposal in State of State AddressStatement by Amy Blouin, President and CEO, Missouri Budget Project “Whether it happens over time or all at once, eliminating the state income tax wipes out
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Property Tax Freeze for Older Adults May Provide Some Future Support, But More Must Be Done

Recent dramatic increases in housing values and property tax assessments in counties across Missouri have resulted in steep property tax increases for many homeowners, threatening housing stability for older adults, many of whom live on fixed incomes and are at risk of being
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State Revenue Bottoms Out: The Impact of Years of Tax Cuts & Ongoing Implementation

Contrary to the extraordinary growth of general revenue in recent years, state revenue is stagnating, which will result in difficult budget decisions in future years. The fluctuations in state revenue are a result of overlapping factors. Specifically, federal COVID funding has
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How Missouri Taxes & Revenue Compare to Other States

A number of tax changes made over the last three decades have resulted in an inadequate, upside-down tax system where low- and middle-income Missourians pay a higher share of their income in taxes than the richest Missourians, and out-of-state corporations pay less than their
Read More

Improving Missouri’s Property Tax Credit Would Help Seniors, Missourians with Disabilities Stay in Their Homes

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with
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Improving the Circuit Breaker Property Tax Credit Helps Seniors, Missourians with Disabilities Stay in Their Homes

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with
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Improving Missouri’s Working Families Tax Credit

In Missouri, working families with low wages generally pay a higher share of their income in state and local taxes than do the highest earners. Improving the state’s working families tax credit would make Missouri’s tax structure more fair, further incentivize work,
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