Institute on Taxation and Economic Policy (ITEP)

Missouri

Show Me Where We’re Going: Missouri’s Fiscally Irresponsible Path Will Be Paid for by Everyday People

Missouri lawmakers have been pushing regressive and shortsighted tax policies that undermine everyday workers and sabotage the Show-Me State’s ability to raise revenue.

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2025: The Year in Tax Policy

December 23, 2025 • By ITEP Staff

2025: The Year in Tax Policy

From Congressional discussions over the so-called "One Big Beautiful Bill Act" to debates on property taxes, ITEP kept busy this year analyzing tax proposals and showing Americans across the country how tax decisions affect them.

Not-So-Free Kick: How the 2026 FIFA World Cup Will Cost Cities Millions

FIFA demanded sales tax breaks on World Cup Tickets. That means millions in lost revenue for host cities already shouldering the costs on providing infrastructure, security and logistics.

State Rundown 11/13: States Tackle Impending Deficits, Pennsylvania Secures an EITC

Revenue forecasts look increasingly grim as states anticipate shortfalls due to the slowing economy and impacts of the new federal tax law.

In 2025, Voters Said Yes to Public Resources and Community Investments

Important tax measures were on the ballot this week, and the outcomes are clear: many voters support new state and local spending to support critical services in their communities.

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The Wealth Proceeds Tax: A Simple Way for States to Tax the Wealthy

October 30, 2025 • By Sarah Austin, Carl Davis

The Wealth Proceeds Tax: A Simple Way for States to Tax the Wealthy

Taxing the proceeds generated by wealth through a new Wealth Proceeds Tax is a simple way for states to raise billions in new revenue and improve the fairness of their tax systems.

State Rundown 10/27: As Temperatures Cool Tax Policy Heats Up

States across the nation are debating how best to respond to costly new federal tax cuts.

Contact: Jon Whiten (ITEP) [email protected] A new analysis from the Institute on Taxation and Economic Policy (ITEP) reveals that five states—Kansas, Mississippi, Missouri, Ohio, and Oklahoma—enacted the most significant income tax cuts for millionaires in 2025, collectively reducing state revenues by more than $800 million in 2026 and an estimated $2.2 billion a year once […]

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The 5 Biggest State Tax Cuts for Millionaires this Year

October 16, 2025 • By Dylan Grundman O'Neill, Aidan Davis

The 5 Biggest State Tax Cuts for Millionaires this Year

Some states continue to hand out huge tax cuts to millionaires. The five largest tax cuts this year will cost states a total of $2.2 billion per year once fully implemented.