State Tax Policy

As the number of older Missourians increases, demand for programs serving older adults and people living with disabilities has grown dramatically. However, the availability of and funding for these services has not kept pace. This report provides an overview of state programs Read More

A variety of revenue sources contribute to the state public services Missourians rely on as a foundation to build their lives. In addition to federal funds, sources include income and sales taxes, gas and tobacco taxes, and lottery and gaming revenue. This diversity of funding Read More

Governor Parson’s recently released tax proposal would leave out about 1/3 of Missourians, including many of those who pay the highest proportion of their income in state & local taxes, and set the state up for a Kansas-like budget bomb that would require significant cuts to Read More

At the end of the 2022 state legislative session lawmakers approved House Bill 2090, to provide “economic recovery” payments to Missourians.  Intended to help families meet the rising cost of inflation, the bill had a fundamental flaw in that it would leave out more than Read More

A Missouri House proposal to provide economic recovery payments to Missourians intended to help families meet the rising cost of inflation would leave out one-third of Missouri taxpayers, including families earning low wages and seniors who rely on Social Security income. By Read More

Updated March 15, 2022 While Missouri’s economic recovery is on the right track, many Missourians are still struggling from the economic fallout of the pandemic. Policymakers can help Missouri families get back on their feet by using a portion of the state’s federal fiscal Read More

Executive Summary Increasing housing values and associated property taxes can have a devastating impact on older adults in Missouri. In many cases, older people may end up being “priced-out” of the home they have lived in for decades and face being separated from their neighbors Read More

Both the House and Senate versions of Senate Bill 153 address a tax loophole known as the “Wayfair Fix,” but other tax changes included in the bills would have far different impacts on Missouri taxpayers. Specifically, SB 153 as perfected by the Senate, would provide a boost to Read More

The Missouri Budget Project supports Senate Bill 248. By implementing the “Wayfair Fix,” allowing the state to capture sales tax for online retail purchases, lawmakers can level the playing field for Missouri’s bricks-and-mortar retailers and their online competitors and provide Read More

A state Earned Income Tax Credit would provide a much-needed boost for hardworking families. This bottom-up tax cut builds the middle class, spurs local economic growth, and provides long-term benefits to families and communities. Updated February 2021 Read More