An analysis by the Institute on Taxation & Economic Policy found that 91% of the tax cut would flow to the wealthiest 20% of Missourians.
ITEP Work in Action
Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.
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ITEP Work in Action January 16, 2019 Missouri Budget Project: Senate Tax Bills Provide Unfair Giveaways, Leave Communities Reeling
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ITEP Work in Action February 28, 2018 Missouri Budget Project: Sales Taxes on Groceries & the Importance of a Refundable EITC
A state Earned Income Tax Credit (EITC), like the recently proposed Missouri Working Families Credit, could benefit as many as 515,000 working families with modest wages, providing hardworking families the… -
ITEP Work in Action February 10, 2016 Missouri Budget Project: Earned Income Tax Credit: The Basics
“A Missouri EITC would boost local communities and economies while encouraging work, enhancing take-home pay, and improving long-term health and economic outcomes for more than 500,000 Missouri families. A Missouri… -
ITEP Work in Action May 7, 2015 Missouri Budget Project: State Earned Income Tax Credit Would Benefit Missouri
Earned Income Tax Credits (EITCs) encourage work, enhance take-home pay, improve health & economic outcomes, and have lasting benefits. Proposals to create a state-level EITC would build on these benefits… -
ITEP Work in Action July 31, 2014 Missouri Budget Project: Earned Income Tax Credit: A Targeted Tax Change with Significant Impact
The federal Earned Income Tax Credit (EITC) is a federal tax credit for low- and moderate-income working people. It encourages and rewards work as well as offsets federal payroll and… -
ITEP Work in Action May 12, 2014 The Missouri Budget Project: Senate-Approved Tax Scheme Would Cost Nearly $800 Million SB 509 Would Require Cuts to Critical Services
The Missouri Senate approved Senate Bill 509 this week. The measure would require sharp cuts to state services, undermining Missouri’s economy by starving it of the resources it needs to… -
ITEP Work in Action February 18, 2014 Missouri Budget Project: Nixon-Kraus Tax “Deal” Would Undercut MO Services, Including Education
According to recent analysis, the tax “deal” between Governor Nixon and Senator Kraus is skewed to benefit Missouri’s wealthiest families, and leaves all services vulnerable to cuts as a result… -
ITEP Work in Action January 24, 2014 Missouri Budget Project: Tax Proposals Before Senate Ways & Means Would Dramatically Reduce State Revenue, Disporportionately Benefit Wealthiest, But Not Create Jobs
The Missouri Senate Ways & Means Committee will hear three major tax bills this week. Though they differ in their components, each would drastically reduce state revenue, disproportionately benefit Missourians… -
ITEP Work in Action March 12, 2013 Missouri Budget Project: Racing to the Bottom
Senate Gives Initial Approval to Extreme Tax Cut Bill Which Would Devastate Missouri Services, Infrastructure, and the State’s Economy An extreme tax cut proposal, perfected this week by the Missouri… -
ITEP Work in Action March 1, 2013 Missouri Budget Project: Senate Ways & Means Tax Cut Would Devastate Services, Infrastructure, and Economy
An extreme tax cut proposal approved by a Senate Committee this week would slash MO’s general revenue by more than one-fifth, resulting in devastating cuts to services throughout the state… -
ITEP Work in Action January 14, 2013 Missouri Budget Project: Creating a State Earned Income Tax Credit for Missouri
In this time of economic turmoil, one of the most effective steps state lawmakers can take to stimulate Missouri’s economy is to create a State Earned Income Tax Credit (EITC).… -
ITEP Work in Action January 14, 2013 Missouri Budget Project: Consequences of HJR 36: Proposal to Dramatically Alter Missouri’s Tax Structure Would Burden Missouri Families and Economy
Recently, the Missouri House of Representatives passed HJR 36, a constitutional amendment which proposes dramatic changes to the state’s revenue structure by eliminating the individual and corporate income taxes and… -
ITEP Work in Action January 14, 2013 Missouri Budget Project: Undocumented Workers: Impact on Missouri’s Economy
Immigration policies, per se, are outside the purview of the Missouri Budget Project. However, it is the MBP’s mission to provide information about fiscal issues that contributes to informed debate… -
ITEP Work in Action January 14, 2013 Missouri Budget Project: The “Mega Sales Tax” is Unwise Policy
There are currently nine initiative petitions and two legislative proposals to place a constitutional amendment before voters in November 2012 that would eliminate personal and corporate incomes taxes and replace… -
ITEP Work in Action January 14, 2013 Missouri Budget Project: Creating a State Earned Income Tax Credit for Missouri: Supporting Work, Families & the Local Economy
The State EITC is one of the most effective Economic Stimulus Measures: In this time of economic turmoil, one of the most effective steps state lawmakers can take to stimulate… -
ITEP Work in Action January 14, 2013 Missourians for Tax Justice: Tax Reform Committee Hears HB 581
On March 16, the Tax Reform Committee of the Missouri House of Representatives heard House Bill 581 which would create a state earned income tax credit (EITC). The bill would…