State Tax Policy

Click Here to View the PDF Version The Circuit Breaker is a popular tax credit that helps seniors and Missourians living with disabilities who have fixed incomes to stay in their homes by offsetting costs related to property taxes. When the credit was established, lawmakers Read More

Download the PDF Version In the 2018 state legislative session, lawmakers passed House Bill 1460, which places a proposed increase in Missouri’s fuel tax on the November 2018 general election ballot. The ballot measure, known as Proposition D, would phase-in a 10 cent increase Read More

For Immediate Release, May 17, 2018 Lawmakers are set to give a huge tax break to profitable corporations while undermining our ability to fund schools, health, roads, and other things Missourians need. At the same time, lawmakers are considering scrapping a tax credit that would Read More

Download the PDF Despite a growing economy and low unemployment, state general revenue has dropped significantly, hindering the ability of Missouri to invest in the resources our communities need to prosper. State revenue trends generally reflect economic indicators. However, Read More

Follow the Missouri Budget Project on Facebook  and Twitter for the latest updates After only 30 minutes of debate, on Wednesday the Missouri Senate gave preliminary approval for a tax bill that will give big cuts to the wealthy and corporations while leaving our communities Read More

Download the Full PDF A state Earned Income Tax Credit (EITC), like the recently proposed Missouri Working Families Credit, could benefit as many as 515,000 working families with modest wages, providing hardworking families the ability to achieve a better future and a pathway to Read More

Download the Full PDF A number of provisions included in the recently passed federal tax law will affect state revenue collections because of the way state and federal tax laws interact. While most of these implications are clear, the way that Missouri’s state personal exemption Read More

Download the Full PDF The Missouri Senate Ways & Means Committee is considering two bills that would dramatically alter Missouri’s tax code, beginning in 2019. While the bills contain a few good provisions that the Missouri Budget Project supports, those features pale in Read More

The following map shows EITC rates by County or Senate and House districts. While not all those eligible for the federal credit would be eligible for a state version, it gives an idea of EITC usage across Missouri. Please be patient while the interactive map loads. Federal Earned Read More

Download Full Policy Framework (PDF) Missourians work hard every day to provide a better life for their families. In small towns, suburban neighborhoods, and urban centers across the state, many families are struggling to make ends meet. Some are rushing to get kids to school Read More