Reports

In February 2023, sales of recreational marijuana became legal in Missouri following voter approval of a state constitutional amendment that legalized marijuana for Missouri residents over age 21. This amendment included a six percent state sales tax on recreational marijuana. Read More

Contrary to the extraordinary growth of general revenue in recent years, state revenue is stagnating, which will result in difficult budget decisions in future years. The fluctuations in state revenue are a result of overlapping factors. Specifically, federal COVID funding has Read More

Medicaid provider taxes (commonly referred to as the Federal Reimbursement Allowance, or FRA) are a critical funding stream supporting the entire state budget. While dollars raised through the FRA directly support the MO HealthNet program, the funding frees up state general Read More

The Missouri Budget Project’s “Introduction to Missouri’s State Budget” outlines Missouri’s budget process, including where the state’s revenue comes from and how the state allocates funding. State Budget & Taxes: Impact at a Glance We all want to live in healthy Read More

A number of tax changes made over the last three decades have resulted in an inadequate, upside-down tax system where low- and middle-income Missourians pay a higher share of their income in taxes than the richest Missourians, and out-of-state corporations pay less than their Read More

Missouri workers are the engines of our economies. When they earn a decent wage and can care for their health and their families’ health without risking their jobs or paychecks, then they can fully participate in their communities and contribute to Missouri’s economic growth. Read More

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with Read More

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with Read More

In Missouri, working families with low wages generally pay a higher share of their income in state and local taxes than do the highest earners. Improving the state’s working families tax credit would make Missouri’s tax structure more fair, further incentivize work, Read More