State Government
Governor aiming for permanent income tax cut, rather than one-time rebate, in Missouri legislative special sessionJEFFERSON CITY, Mo. – With 40-year-high inflation continually causing citizens to spend more for everyday items, legislators and political leaders are gearing up for a special session intended to… Read More
Biden administration
Biden signs $740 billion climate, tax and health care bill into lawCritics blasted the tax hikes and new spending, in luding the plan to hire 87,000 new IRS agents to audit Americans (The Center Square) – President Joe Biden signed… Read More
Economy
Bipartisan group of lawmakers blast IRS for backlogs, customer service issues(The Center Square) – A bipartisan group of lawmakers are calling on the IRS to clear its backlogs and improve customer service issues. Nearly 100 members in the… Read More
Gas Prices
U.S. oil and gas industry: 10 actions to reduce high energy prices that won’t cost taxpayers $740 billion(The Center Square) – Rather than impose higher taxes and more restrictions on domestic production of oil and natural gas, as Senate Democrats voted to do by passing the… Read More
Inflation
Inflation Reduction Act criticized for raising taxes, not reducing inflation(The Center Square) – As policymakers debate the so-called Inflation Reduction Act in Washington, many are saying claims of no tax hikes on the middle class are not true. Read More
National
Hawley, other Republicans, call for a more unified and battle-ready GOP, especially after FBI raid on Trump’s Mar-a-Lago. Says one: ‘We’re at war’Conservatives had better start showing more fight. That’s the message Missouri Sen. Josh Hawley had for his Republican colleagues in a tweet Monday morning, after Senate Democrats Sunday… Read More
Economy
Analysis: Inflation Reduction Act would increase taxes on nearly all Americans(The Center Square) – The Inflation Reduction Act of 2022 would increase taxes on nearly every American, despite claims made by President Biden. “When we pass… Read More
Economy
Hundreds of Missouri governments opt out of state’s sales tax holiday(The Center Square) – Missouri consumers can get some economic relief during this weekend’s annual back-to-school sales tax holiday, but it's reduced by hundreds of cities, counties and special… Read More
Politics
Lawmakers coordinate effort to stop blacklisted Chinese firms from receiving U.S. tax dollars(The Center Square) – Several Republican senators introduced new legislation this week that would prevent U.S. taxpayer dollars from going to certain Chinese firms. Sen. Marco Rubio, R-Fla.,… Read More
Government
New Hampshire faces new lawsuit over school funding(The Center Square) – A group of New Hampshire taxpayers is suing the state over its school funding formula, claiming it has created inequities by forcing some communities to increase… Read More
Biden administration
Critics: Taxpayers on hook for Biden’s bailout of union pensions(The Center Square) – President Joe Biden on Wednesday touted a federal program to delay insolvency for private unions’ pension funds, but critics say taxpayer dollars should not be… Read More
World Cup soccer
New law eliminates ticket taxes for World Cup games in Kansas City(The Center Square) – Missouri Republican Gov. Mike Parson on Thursday helped Kansas City meet soccer’s international governing body’s requirement for its 2026 tournament. Parson signed … Read More
Agriculture, State Government
Farmers will receive 150% of land value under new Missouri eminent domain law(The Center Square) – Utility companies and governments acquiring agricultural or horticultural land through eminent domain will be required to pay 150% of the fair market… Read More
Gas Prices, National
With gas prices 62% higher than last year, IRS raises business mileage rate(The Center Square) – Motorists are paying gas prices 62% higher than last year, and the Internal Revenue Service Thursday announced a 7% increase in the optional standard mileage… Read More
Public Education
Austin residents brace for higher property taxes as school enrollment declines(The Center Square) – Austin Independent School District, the largest taxing authority in Travis County, recently commiserated with local homeowners regarding rising property taxes that will fund its schools. Read More
State Government
Marijuana legalization campaign submits signatures for Missouri ballot initiativeA marijuana legalization campaign submitted signatures for a Missouri ballot initiative on Sunday. Legal Missouri 2022, the PAC supporting the initiative, stated that it submitted more than 385,000 petition… Read More
National
Inflation slowed in April, but prices continued their steady increase(The Center Square) – Inflation continued its steady rise in April, when the Consumer Price Index increased 8.3% over last year, according to data released Wednesday by the U.S. Read More
State Government
Missouri House passes Senate plan for $500 million tax credit(The Center Square) – Legislators moved one step closer to giving hundreds of millions of surplus tax dollars back to Missouri citizens on Friday.A Senate amendment providing $500… Read More
State Government
Kansas City spends $1.2 million from food, lodging tax to promote neighborhood events(The Center Square) – The City Council of Kansas City is spending $1.2 million of its Neighborhood Trust Development Fund to help 131 nonprofit organizations promote neighborhood and… Read More
National
U.S. economy shrank in Q1, raising concerns about stagflation, possible recession(The Center Square) – The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic… Read More