income tax

3:44 pm
Thu February 27, 2014

Bill linking tax brackets to inflation passes House

The bill heading to the Senate would connect individual income tax brackets to inflation beginning in 2015.
Ryan Famuliner KBIA

The Missouri House has passed legislation that could lower taxes for many Missourians by linking the state's tax brackets to inflation.

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8:09 am
Tue February 25, 2014

Mo. House endorses plan to adjust tax brackets

Missouri House
Credit File photo / KBIA

Missouri House members have endorsed the first change in Missouri's income tax brackets since the Great Depression.

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8:54 am
Wed February 12, 2014

Tax Cut Debate Underway In Missouri Senate

Marshall Griffin/St. Louis Public Radio

Originally published on Tue February 11, 2014 2:59 pm

Debate has begun in the Missouri Senate on this year's attempt to cut the state's income tax rate.

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4:45 pm
Thu January 2, 2014

Sinquefield gives $1.3M to Mo. political efforts in December

Credit 401 (K) 2013 / FLICKR

Missouri's most prolific political financier gave nearly $1.3 million to various political causes in the closing weeks of 2013.

Online state campaign finance reports show that retired investment firm executive Rex Sinquefield gave $750,000 to, $495,000 to Grow Missouri and $25,000 to Missourians for Excellence in Government during the final weeks of December.

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6:09 pm
Fri August 23, 2013

Votes on Mo. income tax cut could draw challengers

Credit File Photo / KBIA News

A conservative Missouri political committee says it may recruit candidates to run in primary elections against Republican legislators who vote against an income tax cut.

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5:25 pm
Fri August 2, 2013

Missouri revenues down in July

Credit selbstfotografiert / Wikimedia Common

Missouri has started its 2014 fiscal year with a dip in revenues compared to last year.

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7:03 am
Fri July 12, 2013

Political group wants Nixon to override tax veto

Credit KBIA File Photo

A new political group is launching a campaign to persuade legislators to override the governor's veto of a bill that would phase in various income tax reductions. Political activist Rex Sinquefield has contributed $1.3 million to a business coalition that supports a cut in income taxes.

The contribution reported Thursday on the state Ethics Commission website provides the financial foundation for a newly formed committee called Grow Missouri.

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Science, Health and Technology
8:27 am
Wed July 10, 2013

“Sahara’s Law” creates income-tax checkbox for pediatric cancer research

Sahara Aldridge

A new Missouri law creates a checkbox on Missouri income tax forms that allows taxpayers to contribute a minimum of $1 of their tax return to fund pediatric cancer research.

“Sahara’s Law” was introduced by Cape Girardeau Republican Senator Wayne Wallingford, and it’s named after Sahara Aldridge. 

“She was diagnosed with a malignant brain tumor and she fought that battle for 17 months, going through chemotherapy and radiation and even some alternate treatments,” Wallingford said. “But sadly she passed away when she was 13.”

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4:49 pm
Wed June 5, 2013

Gov. Nixon vetoes income tax bill, Republicans consider override

Credit File Photo / KBIA

Some Republican lawmakers are vowing to try to override Gov. Jay Nixon's veto of a bill that reduced income taxes. Shortly after the Democratic governor rejected the bill today, the leading sponsors of the legislation said they would attempt to get the two-thirds vote needed to override his veto when the Legislature convenes in September.

Republicans hold enough seats in the House in Senate to override Nixon’s veto without any Democratic support. They would have to hold all of the GOP members together in the House and could afford to have only one Republican defect in the Senate.

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9:01 am
Mon March 11, 2013

Analysis: Mo. tax plan may save little for many

monochrome FLICKR

The typical Missouri household might have relatively little to gain from a Senate-endorsed overhaul of the state's tax policies.

The proposed mixture of income tax cuts and sales tax hikes could save a few dozen dollars annually for a family of four earning just slightly more than Missouri's median household income of about $45,000.

Wealthier taxpayers, particularly those running their own businesses, might save a lot more. Yet seniors reliant on Social Security benefits could pay more.

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6:23 pm
Thu March 7, 2013

Lower state income tax debated

Missouri State Capitol
File Photo KBIA

The Missouri Senate granted preliminary approval yesterday to a bill that would decrease the state income tax by 0.75 percent.

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5:13 pm
Tue December 4, 2012

November general collections report

Missouri’s November general collections report show a 6.0 percent increase of revenue compared to November of last year.

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PM Newscasts
6:03 pm
Tue June 5, 2012

Newscast for June 5, 2012

Regional news from the KBIA newscast including:

  • Missouri's tax revenues ahead of projections, up 3.4 percent.
  • Kirksville adopts new weather alert system.
  • John Brunner airs first critical TV ad in Missouri GOP Senator bid.
  • Former MU student sentenced to probation, community service in racial slur incident.
4:14 pm
Tue June 5, 2012

Missouri revenues ahead of projections, up 3.4 percent

Missouri's tax revenues are running a little ahead of projections heading into the final month of the state budget year.

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5:30 pm
Mon April 9, 2012

The Missouri budget's revenue side

Watch the show and join the conversation on the Intersection website.

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1:04 pm
Fri January 27, 2012

Sales tax advocacy group receives huge donation


A group pushing to replace Missouri's income tax with a broader sales tax says it's received a million-dollar contribution.

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