Missouri

Property tax bills are undeniably a concern for many low- and moderate-income households across the nation...

Many cities, counties, and townships across the country are in a difficult, or at least unstable, budgetary position. Localities are responding to these financial pressures in a variety of ways with some charging ahead with enacting innovative reforms like short-term rental and vacancy taxes, and others setting up local tax commissions to study the problem.

Whether they’re in a special session, gearing up for one, or prepping for 2025, states around the country are focusing on important tax fights...

Nineteen states have sales tax holidays on the books in 2024. These suspensions combined will cost states and localities over $1.3 billion in lost revenue this year. Sales tax holidays are poorly targeted and too temporary to meaningfully change the regressive nature of a state’s tax system.

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

Undocumented immigrants who work and pay taxes but don't have a valid Social Security number for either themselves or their children are excluded from federal EITC and CTC benefits. Fortunately, several states have stepped in to ensure undocumented immigrants are not left behind by the gaps in the federal EITC and CTC. State lawmakers should continue to ensure that immigrants who are otherwise eligible for these tax credits receive them.

This week, it was the best of times or, in some cases, the worst of times for tax policy in two different states...

State legislatures are wrapping up, but don’t stray too far from your state capital or you’ll miss out on the action...

This week, special sessions with major tax implications are in the air...

This week, many states took steps toward enacting tax cuts...

Happy (belated) Tax Day!

This week tax cuts were debated across the upper Midwest...

While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week...

Over the past week Utah continued its slow march toward a more inequitable tax code...

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 tax codes.

Many state legislative sessions are in the final stretch...

With many state legislatures now in full swing with activity heating up, some tax cut proposals have lost steam...

As many of you may know, we love taxes, along with the many great things they provide for our communities...

While we were hoping to get progressive tax policy wins for Valentine’s Day, many state lawmakers have another idea in mind...

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 […]

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...

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 […]

States got a wake-up call this week as ITEP released the latest edition of our flagship Who Pays? report...

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 […]

The year may be new, but state lawmakers seem to have the same old resolution: slashing state income taxes...