Comments on: Looking at Mid-Year Budgetary Shortfall and Income Tax Rates http://www.showmedaily.org/2010/03/looking-at-mid-year-budgetary.html Advancing liberty with responsibility by promoting market solutions for Missouri public policy Fri, 10 Feb 2012 02:56:48 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Christine Harbin http://www.showmedaily.org/2010/03/looking-at-mid-year-budgetary.html/comment-page-1#comment-5578 Christine Harbin Sun, 07 Mar 2010 15:10:55 +0000 http://www.showmedaily.org/?p=15185#comment-5578 That's a good point. <a href="http://www.kmiz.com/news/story.php?id=16299" rel="nofollow">Missouri awards $600 million in tax credits annually</a>, and it's probable that the state doesn't forecast the consequences of this very well. That’s a good point. Missouri awards $600 million in tax credits annually, and it’s probable that the state doesn’t forecast the consequences of this very well.

]]> By: Thomas Duda http://www.showmedaily.org/2010/03/looking-at-mid-year-budgetary.html/comment-page-1#comment-5573 Thomas Duda Sun, 07 Mar 2010 02:51:16 +0000 http://www.showmedaily.org/?p=15185#comment-5573 How about a chart showing the percentage of State revenue derived from each tax source--sales/income/etc.? I think that the failure of Missouri's legislature to fully account for revenue impacts of the more than 50 State tax credit programs is the primary cause of the precipitous drop off in tax receipts. Do you have any data on the impacts of tax credits on our budget? How about a chart showing the percentage of State revenue derived from each tax source–sales/income/etc.?

I think that the failure of Missouri’s legislature to fully account for revenue impacts of the more than 50 State tax credit programs is the primary cause of the precipitous drop off in tax receipts.

Do you have any data on the impacts of tax credits on our budget?

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