Issue Areas


Policy Pulse
  • What's New
  • RSS

Missouri Revenue: Digging Out from a Hole Only to Go Over a Tax Cut Cliff

Recent spending restrictions are just the beginning of a steep fiscal cliff for Missouri as a result of tax cuts passed in the 2014 legislative session. To maintain FY2014 services and fully fund education, Missouri would face a more than $2 billion shortfall when tax cuts are fully implemented. To learn more, read MBP’s full analysis.

Press Release: Tax Cuts Will Leave MO Billions Short of Revenue Needed to Fund Basic Needs

Once the numerous tax breaks passed in 2014 are fully implemented, Missouri will be more than $2 billion short of revenue needed to fund services at the FY 2014 level and fully fund education. "Enacting tax cuts at this time is like buying a new sports car when you haven’t had a raise in years and can’t even pay the rent," said MBP Executive Director Amy Blouin in a press release.

Today's Budget Restrictions are Just the Beginning

"While today’s budget restrictions are painful, the legislature’s ill-conceived tax cuts will leave critical services competing for budget crumbs far into the future."  To read MBP’s full reaction to budget restrictions announced by the Governor, click here.

Watch our latest video! 

Missouri Budget Project: A Decade of Leadership, A Decade of Results