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Consequences of Proposals to Drastically Change Missouri’s Tax Structure

Several constitutional amendments that propose to eliminate personal and corporate income taxes and replace them with a greatly expanded sales tax have been introduced this year in the Missouri Legislature.  Click here to read a policy brief on these proposals.  Click here to read a fact sheet on how this would impact Missouri families and here to learn how it will impact seniors.  Click here to read a report from Partnership for Children on how these proposals would affect families with children.   Click here to learn more about how MBP and ITEP calculated the sales tax rate needed to keep these proposals revenue neutral and here to learn more about some of the myths and facts on these proposals. Click here to view a presentation recently given by the Missouri Budget Project on why these proposals are dangerous for Missouri. 

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