Missouri policymakers continue to propose the elimination of Missouri’s individual income tax. But evidence from states without income taxes shows that these states are only low tax for the highest earners. Instead, they rely heavily on sales & excise taxes that hit low and Read More
Despite a looming budget cliff, some policymakers are pushing to eliminate the income tax in the 2026 legislative session. Proponents may instead look to replace the income tax with an expanded sales tax. While no detailed plan has been released yet, the sales tax rate would Read More
Updated March 15, 2022 While Missouri’s economic recovery is on the right track, many Missourians are still struggling from the economic fallout of the pandemic. Policymakers can help Missouri families get back on their feet by using a portion of the state’s federal fiscal Read More