State Tax Policy

Statement from Amy Blouin, Missouri Budget Project Executive Director More than one in five Missouri kids are growing up in families that can’t afford the basics necessary for a good start to life because they make so little. Although poverty slightly declined since the previous Read More

The Missouri Study Commission on State Tax Policy will be holding several public hearings over the next five months, including one Wednesday in Springfield. The Commission is undertaking a comprehensive review of Missouri’s tax structure and identifying potential improvements. Read More

For Immediate Release MO House Vote Creates Momentum for State EITC Statement from Amy Blouin, Executive Director  We hope that today’s vote by the Missouri House to create a state Earned Income Tax Credit (EITC) provides the momentum needed for the full legislature to act so Read More

EITC Boosts Families, Strengthens Local Economies Download the PDF Version of this Report A prosperous Missouri requires a strong middle class, with the ability for families that work hard to achieve a better future. A state Earned Income Tax Credit (EITC) is one of the best ways Read More

Download the PDF Version Why Streamlined is Important: Missouri tax laws have failed to keep pace with a changing economy, reducing the state’s ability to invest in the well-being of its citizens. In particular, Missouri and other states that rely on sales and use taxes to fund Read More

Despite the release of many gubernatorial budget restrictions, weak state general revenue collections continue to require reduced funding in the current year. However, Missouri’s current budget challenges are just the beginning of a massive, self-imposed fiscal cliff Read More

Recent spending restrictions are just the beginning of a steep fiscal cliff for Missouri as a result of tax cuts passed in the 2014 legislative session. To maintain FY2014 services and fully fund education, Missouri would face a more than $2 billion shortfall when tax cuts are Read More

In a specially convened meeting, the House Ways & Means Committee passed SB 509, which would starve education, social services, and other services of $800 million annually when fully implemented. Click here for MBP’s full reaction to the bill. Read More

 Missourians deserve better than empty promises. Click here to read MBP’s statement on the Senate’s approval of SB 509. Read More

MBP’s latest analysis shows that two recently approved House tax cut schemes would require sharp cuts to services, prevent K-12 education from being fully funded, disproportionately benefit the wealthiest, but fail to create jobs. Read More