Missouri
State Rundown 5/9: Special Sessions in the Air
• By ITEP Staff
This week, special sessions with major tax implications are in the air...
State Rundown 5/2: Vetoes and New Major Tax Proposals
• By ITEP Staff
This week, many states took steps toward enacting tax cuts...
State Rundown 4/17: Tax Cut Proposals and the Consequences of Bad Tax Cuts
• By ITEP Staff
Happy (belated) Tax Day!
State Rundown 4/3: Some States Buck the Trend on Foolish Tax Policy
• By ITEP Staff
This week tax cuts were debated across the upper Midwest...
State Rundown 3/28: Tax Cut Madness, But Our Brackets Bet on Tax Fairness
• By ITEP Staff
While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week...
State Rundown 3/20: Investments Over Cuts
• By ITEP Staff
Over the past week Utah continued its slow march toward a more inequitable tax code...
Eliminating Income Taxes Would Be an Expensive Giveaway
• By Aidan Davis
Governors and legislative leaders in a dozen states have made calls to fully eliminate their taxes on personal or corporate income, after many states already deeply slashed them over the past few years. The public deserves to know the true impact of these plans, which would inevitably result in an outsized windfall to states’ richest taxpayers, more power in the hands of wealthy households and corporations, extreme cuts to basic public services, and more deeply inequitable state…
State Rundown 3/14: Sessions are Heating Up
• By ITEP Staff
Many state legislative sessions are in the final stretch...
State Rundown 2/22: Some Top-Heavy Tax Cut Proposals are Getting the Chop
• By ITEP Staff
With many state legislatures now in full swing with activity heating up, some tax cut proposals have lost steam...
State Rundown 2/14: Our Love Language is Taxes
• By ITEP Staff
As many of you may know, we love taxes, along with the many great things they provide for our communities...
State Rundown 2/8: Flowers, Chocolates, and Tax Cuts for the Wealthy?
• By ITEP Staff
While we were hoping to get progressive tax policy wins for Valentine’s Day, many state lawmakers have another idea in mind...
State Rundown 2/1: Black History Month Begins as Tax Debates Heat Up Nationwide
• By ITEP Staff
This week the showdown between the Kansas legislature and governor continued as Gov. Kelly vetoed the legislature’s latest attempt to pass a flat personal income tax. Elsewhere, the focus is on doing more for working families through proposals to expand refundable credits in Maryland and adding a millionaire tax bracket in Rhode Island. Meanwhile, there’s […]
State Rundown 1/26: Wealth Taxes Drawing Interest Early in Legislative Sessions
• By ITEP Staff
Bills are moving and state legislative sessions are picking up across the country, giving elected officials the opportunity to consider two distinct paths when it comes to tax policy...
State Tax Watch 2024
• By ITEP Staff
Updated July 15, 2024 In 2024, state lawmakers have a choice: advance tax policy that improves equity and helps communities thrive, or push tax policies that disproportionately benefit the wealthy, drain funding for critical public services, and make it harder for low-income and working families to get ahead. Despite worsening state fiscal conditions, we expect […]
State Rundown 1/11: Sounding the Alarm on Regressive State & Local Tax Codes
• By ITEP Staff
States got a wake-up call this week as ITEP released the latest edition of our flagship Who Pays? report...
Missouri: Who Pays? 7th Edition
• By ITEP Staff
Missouri Download PDF All figures and charts show 2024 tax law in Missouri, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (98 percent) state and local tax revenue collected in Missouri. These figures depict Missouri’s top income tax rate at 4.8 percent. The […]
State Rundown 1/4: New Year, New Opportunities, Same Tax Cut Proposals
• By ITEP Staff
The year may be new, but state lawmakers seem to have the same old resolution: slashing state income taxes...
Which States Allow Deductions for Federal Income Taxes Paid?
• By ITEP Staff
Three states allow an unusual income tax deduction for federal income taxes paid. Missouri and Oregon limit these deductions by capping and/or phasing out the deduction, while Alabama, offers what amounts to an unlimited deduction. These deductions are detrimental to state income tax systems on many fronts, as they offer large benefits to high-income earners […]
State Rundown 11/29: Thankful for Good Tax Policy
• By ITEP Staff
Though Turkey Day has passed, lawmakers in states across the U.S. have yet to get their fill of delicious tax policy goodness...
Hidden in Plain Sight: Race and Tax Policy in 2023 State Legislative Sessions
• By Brakeyshia Samms
Race was front and center in a lot of state policy debates this year, from battles over what’s being taught in schools to disagreements over new voting laws. Less visible, but also extremely important, were the racial implications of tax policy changes. What states accomplished this year – both good and bad – will acutely affect people and families of color.
Abortion-Restricting States Skimp on Funding for Children
• By Amy Hanauer
States differ dramatically in how much they allow families to make choices about whether and when to have children and how much support they provide when families do. But there is a clear pattern: the states that compel childbirth spend less to help children once they are born.
America Used to Have a Wealth Tax: The Forgotten History of the General Property Tax
• By Carl Davis, Eli Byerly-Duke
Over time, broad wealth taxes were whittled away to become the narrower property taxes we have today. These selective wealth taxes apply to the kinds of wealth that make up a large share of middle-class families’ net worth (like homes and cars), but usually exempt most of the net worth of the wealthy (like business equity, bonds, and pooled investment funds).The rationale for this pared-back approach to wealth taxation has grown weaker in recent decades…
State Rundown 10/12: Tax Policy Debates Don’t Just Happen in the Statehouse
• By ITEP Staff
It may be the off-season for state legislatures, but tax policy changes could soon emerge from the ballot box or the courts. Advocates in Arkansas want voters to decide the future of taxing diapers and feminine hygiene products, and supporters of public education in Nebraska are working to make sure voters have a say on the state’s school choice tax credit. Meanwhile, cannabis firms in Missouri are suing the state over cities and counties stacking…
State Rundown 9/27: Some States are Looking to Paint the Budgets Red
• By ITEP Staff
When it comes to investments, state lawmakers across the country are positioning their states to be in the red as they pass or debate further tax cuts that will overwhelmingly benefit the wealthy – and some states are now adding an additional coat of red paint...
State Rundown 9/13: The (Policy) Choices We Make
• By ITEP Staff
The U.S. Census Bureau released its annual assessment of poverty in America this week...
