Kansas City
Arena, stadium subsidies not worth it for taxpayers, report says(The Center Square) – Professional sports teams and government officials promise tax revenue benefits when taxpayer subsidies are used to build new or renovation stadiums and arenas. But those benefits… Read More
Missouri
Missouri has one of the nation’s lowest beer taxes(The Center Square) – Missouri's 6-cent beer tax is among the lowest beer taxes in the country, according to a recent report. The Show Me State’s beer tax is the second-lowest… Read More
State Government
Missouri’s recreational cannabis would have one of the nation’s lowest tax rates(The Center Square) – Missouri would have one of the nation’s lowest tax rates on recreational marijuana under two pieces of legislation being debated in the House of Representatives. Read More
National, State Government
Tax Foundation gives Missouri favorable ratings in corporate tax competitiveness(The Center Square) – A report from the Tax Foundation finds Missouri’s tax rate for businesses to be among the lowest in the nation, but the state can still improve… Read More
National
Report: Biden tax hikes would put U.S. at disadvantage against other nations(The Center Square) – A new report from the Tax Foundation found that President Joe Biden’s proposed tax increases would put the U.S. at much higher rates… Read More
National
Report: Biden’s budget would cost jobs, lower American incomes(The Center Square) – A new study evaluating the Biden administration’s proposed 2022 budget found the plan would significantly lower GDP and cost 165,000 U.S. jobs. President Joe Biden has… Read More
National, State Government
Combined local-state tax rate in Missouri stood at 9.2% in 2019(The Center Square) – The effective state and local tax rate for Missouri residents in 2019 was 9.2 percent, the 35th highest percentage among the 50 states, according to… Read More
State Government
Dead Missouri measure to cut loathed personal property taxes revived(The Center Square) – The Missouri Senate Monday night rejected a proposed five-year phase-out of the state’s property tax that could have saved state taxpayers nearly $1.5 billion by 2027. Read More