State Tax Policy

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

Updated February 1, 2023 with data from the 2020 tax year. The following map shows the percent of households eligible for the federal Earned Income Tax Credit by County and by Missouri State Senate and State House districts. Read More

EITC Refundability Download the PDF Version A state Earned Income Tax Credit (EITC) could benefit as many as 488,000 working families with modest wages, providing hardworking Missouri families the ability to achieve a better future and a pathway to the middle class. By making the Read More

Download PDF Version The opioid epidemic has wreaked havoc on families around our country, and grandparents across our state are stepping in to raise  grandchildren, well after they thought their days of child-rearing were over. Missouri could help ease the financial burden of Read More

Download the PDF Missourians want good schools for their kids, safe roads and bridges, and affordable health care for their families. To support our state’s  public services, Missourians expect a fair tax policy where everyone pays their fair share. Eliminating Missouri’s “LLC Read More

Download/View the PDF Version Although certain provisions of House Committee Substitute for House Bill 548 (HB 548) would close an ongoing tax loophole, the remainder of the bill would make Missouri’s tax structure more unfair for most Missourians, shortchange education funding, Read More