Print E-mail

Did you know?

  • You have to work three months — almost up to the first pitch of the baseball season for the Cardinals and the Royals — before you've paid all federal, state, and local taxes for the year. It's called Tax Freedom Day. In Missouri, its' April 4.

  • Here's a good reason for a company to move from Illinois to Missouri: The corporate income tax in Missouri is 6.25%. In Illinois, it's 9.5%! Of course, Nevada and South Dakota have no corporate income tax at all.

  • Missouri's top income tax rate is 6%. That's good compared to California, where you pay 9.3% on an income of 46,766. But in Texas and Florida they don't pay ANY state income tax.

  • In Missouri, state and local taxes average $3,425 per person. According to the Bureau of Labor Statistics, that's almost exactly how much the average U.S. consumer spends annually for food to eat at home.

  • Missouri has the lowest cigarette tax in the nation at 17 cents per pack. Illinois has a tax of 98 cents per pack. That is an 81-cent difference, or $8.10 per carton. You could see a movie with the money saved if you purchase a carton of cigarettes in Missouri. 

  • Missouri’s debt stacks up to $3,416 PER PERSON. In Tennessee, it’s just $922. With the difference ($2494), you could buy a 55-inch HDTV at Best Buy.

  • Missouri issues a tax break, the Qualified Beef Tax Credit Program, to people who can make their cattle fatter than an average cow (which is 725 pounds, by the way)!

  • The state gave more than $1 million in historic preservation tax credits to Norwood Hills Country Club? That's our money, but unless you're a member, good luck getting a tee time.

  • As of 2011, Missouri is on the hook for more than $641 million in unredeemed tax credits. That's enough to buy EVERY child in this state a $499 iPad.



Signup here:


The Wonderful Evergreen Clause
Wednesday, January 28, 2015
Kansas City, Meet the 325 Plan
Wednesday, January 28, 2015
Saint Louis, Meet the 325 Plan
Tuesday, January 27, 2015
Kansas City Embraces Baristanomics
Monday, January 26, 2015


JavaScript is disabled!
To display this content, you need a JavaScript capable browser.

More videos...


Show-Me Minutes
November 4, 2014

Listen to these all new audio clips from the Show-Me Institute about free-market ideas: Medicaid: Medicaid expansion sounds like free money, but...

Hear More

5297 Washington Pl.
Saint Louis, MO 63108

Phone: (314) 454-0647
Fax: (314) 454-0667