August 1, 2014

Streetsblog: Will Missouri Voters Go Along with the Highway Lobby’s Money Grab?

media mention

By Angie Schmitt

That means, if Amendment 7 passes, the state’s poorest residents — whether they drive or not — will pay a larger share of their income than the state’s affluent residents. A study by the Institute on Taxation and Economic Policy found that the poorest 20 percent of Missouri residents spend 5.9 percent of their income on sales and excise taxes. Meanwhile the richest 1 percent pay just 0.9 percent.

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