National
Biden unveils $5.8 trillion budget proposal with increased taxes on businesses, wealthy individuals(The Center Square) – President Joe Biden unveiled a new 2023 budget proposal Monday along with major tax increases to help pay for it. Biden’s budget, which comes… Read More
State Government
Bills would pause Missouri’s fuel tax for six months(The Center Square) – Two identical bills would give Missourians a one-time, six-month motor fuel tax holiday, but an exemption of the state’s sales tax also was mentioned… Read More
National
Polls: Voters blame Biden for inflation(The Center Square) – Americans are feeling the pain of inflation and many blame President Joe Biden for rising prices, new polling shows.Soaring gas prices have brought that… Read More
National
Economists expect elevated inflation as projected U.S. GDP plummets(The Center Square) – Economists across the U.S. expect ongoing inflation as the growth projections for the U.S. economy have plummeted, according to a newly released survey. The… Read More
National
Pressure from lawmakers grows as IRS begins new tax season with ‘continued confusion’(The Center Square) – Lawmakers on both sides of the aisle are pressuring the Internal Revenue Service over ongoing problems and unaddressed issues from last year’s filing season even… Read More
National
Gas price increases raise more fears of inflation spike(The Center Square) – Gas prices hit all-time high levels this week, and experts say this will not only increase prices consumers face at the pump, but at the… 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… Read More
National
Critics pan Biden’s plan to fight inflation(The Center Square) – Inflation has risen steadily since President Joe Biden took office, and his new plan to fight rising prices has been met with skepticism by critics. Read More
National, State Government
Bill would prohibit Missourians from doing business with Russia(The Center Square) – Private and public entities receiving taxpayer funds in Missouri will be prohibited from entering contracts with Russia under a proposed bill introduced Tuesday in the… Read More
State Government
Bill would cut personal property tax on Missouri’s older cars by 85%(The Center Square) – The annual property tax Missourians pay on motor vehicles at least 10 years old will be reduced by 85% under a bill in the… Read More
State Government
Missouri legislation would shield cryptocurrency from some taxes(The Center Square) – Missourians using digital or virtual currencies would be protected from some taxation under a bill introduced in the legislature.House Bill… Read More
State Government
Bill would give more Missouri seniors, disabled increased property tax relief(The Center Square) – Legislators are attempting to rewire Missouri’s “circuit breaker” program to provide more relief from property tax increases for certain senior citizens and people who are… Read More
National
Number of Americans living paycheck to paycheck jumps 7 percent, report shows(The Center Square) – A growing number of Americans are living paycheck to paycheck despite increasing wages, a newly released report found. PYMNTS and Lending Club released the… Read More
National
Study: America’s economy has seen talent ‘shift’ to heartland over the last decade(The Center Square) – America’s economy has seen a “shift” in workforce talent from coastal cities to the country’s heartland over the last decade, according to a new study. Read More
National
Report: Great Resignation contributed to inflation in 2021(The Center Square) – People switching jobs during the Great Resignation contributed to rising inflation in 2021, according to a report from the Federal Reserve Bank of Chicago. Read More
National
Wholesale prices jump in January as inflation continues to soar(The Center Square) – Wholesale prices jumped a full percentage point in January and 9.7 percent over last year, the Bureau of Labor Statistics said Tuesday, as inflation continues… Read More
State Government
Bill aims to stop St. Louis’ 1% earnings tax on remote workers(The Center Square) – Employees of businesses located in the City of St. Louis who worked remotely during and after the pandemic won’t pay a 1% earnings tax… Read More
Public Education
Taxpayers question local COVID relief spending by schools, municipalities across nation(Brett Rowland | The Center Square) – A county government in southeast Michigan is moving forward with plans to build a sports complex with federal COVID-19 relief money that could… Read More
National
Report: Finances for Chicago, St. Louis among worst in nation, despite COVID relief(The Center Square) – The finances of two of the largest cities sandwiching Illinois are among the worst performers in the nation, despite having been sent billions of dollars… Read More
Government
Analysis shows education vouchers saved Georgia taxpayers money(Nyamekye Daniel | The Center Square) – Georgia's school choice programs saved taxpayers at least $605 million in fiscal year 2018, an updatedanalysis by EdChoice found.EdChoice… Read More