missouri tax cut

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

Updated November 16th, 2022: The earlier version showed an incorrect figure for the impact of reducing the top rate from 5.3 to 4.3% on the middle 20% of income earners. The earlier version showed -155; the correct figure is -115. Read More

For Immediate Release: September 1, 2022Contact: Traci Gleason Today the Missouri Budget Project (MBP) unveiled an alternative tax proposal for policymakers to consider when they convene for a special legislative session later this month. The MBP package would reach every Read More