Missouri House Bill 798 would reduce personal and corporate income tax rates, fully eliminate taxes on capital gains income from sale of assets, and eliminates the state’s modest Earned Income Tax Credit that assists many working people in lower-paid jobs. HB 798 would radically transform Missouri’s income tax code into a system that privileges income from wealth over income from work, leaving many middle-income families to pay a higher income tax rate than wealthy people living off their investments.
Publications
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brief March 28, 2025 Advantaging Affluence: A Distributional Analysis of Missouri HB 798’s Uneven Tax Cuts for Wealth and Work
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brief March 6, 2025 Proposed Missouri Tax Shelter Would Aid the Wealthy, Anti-Abortion Centers Alike
In Missouri, donations to anti-abortion pregnancy resource centers come with state tax credits valued at 70 cents on the dollar. One bill currently being debated in the state would increase that matching rate to 100 percent—that is a full, state-funded reimbursement of gifts to anti-abortion groups.
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report March 16, 2011 ITEP’s Testimony on EITC Legislation
My testimony focuses on House Bill 581, which would create a Missouri Earned Income Tax Credit (EITC). In particular, my testimony will discuss the impact of this bill on the… -
report March 18, 2010 ITEP’s Testimony on HB 2034 Income Tax Reforms
My testimony today focuses on one bill introduced in the Missouri House of Representatives: HB 2034, which would reform the state’s individual income tax structure. My testimony will discuss the… -
report February 9, 2010 Determining the Statewide Sales Tax Rate Under SJR 29 and HJR 56
Senate Joint Resolution 29 and House Joint Resolution 56 are currently being debated in the Missouri Legislature. The proposals would place a constitutional amendment on the ballot to dramatically change… -
report January 28, 2010 Testimony on SJR 29: Income Tax Repeal
In evaluating SJR 29, policymakers should have a clear understanding of how broad the tax base could actually be under such a plan, what the tax rate would actually have… -
report May 1, 2009 Analysis of HJR 36 “Fair” Tax Plan
Earlier this week, the Missouri Senate Ways and Means Committee held a hearing on House Joint Resolution 36, which would eliminate the state’s individual and corporate income taxes while increasing… -
report April 23, 2009 Fact Sheet on HB64 Income Tax Proposal
Missouri House Bill 64 would change the state’s personal income tax in three important ways: • Expand the starting point for the 6 percent top income tax bracket from $9,000… -
report April 23, 2009 Fact Sheet on SB71 Proposed Income Tax Rate Cut
This policy brief examines the impact of the principal tax change in House Committee Substitute for Senate Bill 71, which would decrease each of the state’s income tax rates by… -
report February 18, 2009 ITEP Testimony on HB 567 Income Tax Reform
My testimony today focuses on one bill introduced in the Missouri House of Representatives: HB 567, which concerns reforming the state’s individual income tax structure. In particular, my testimony will… -
report May 15, 2007 Assessing the Income Tax Treatment of Social Security Benefits
Early in the 2007 legislative session Missouri Governor Matt Blunt and House Speaker Rod Jetton made eliminating the state’s personal income tax on Social Security benefits a priority. In May,… -
report January 30, 2007 ITEP Testimony on HB 444 Proposal to Exclude Social Security Benefits from Tax
My testimony today focuses on one bill introduced in the Missouri House of Representatives: HB 444, which concerns excluding Social Security Benefits from the Missouri’s income tax. In particular, my… -
report April 5, 2006 ITEP Testimony on HB 1960 Proposed Income Tax Reform
My testimony today focuses on one bill introduced in the Missouri House of Representatives: HB 1960, which concerns reforming the state’s individual income tax structure. In particular, my testimony will… -
report March 30, 2004 The Distributional Impact of SB 1374’s Personal Income Tax Changes
The Missouri personal income tax currently applies a graduated rate structure with tax rates ranging from 1.5 percent to 6 percent of taxable income. This rate structure is applied to… -
report January 28, 2003 The Impact of Imposing a “Flat Tax” on Missouri Personal Income
The Missouri personal income tax currently applies a graduated rate structure with tax rates ranging from 1.5 percent to 6 percent of income. This rate structure is applied to a…