Economy

Missouri governor signs $764 million income tax cut, rural incentives package

BY: - October 5, 2022

Missouri Gov. Mike Parson on Wednesday signed an income tax cut and a package of incentives targeting rural economic projects into law, putting the finishing touches on a special legislative session he convened last month. Both proposals were the result of vetoes issues earlier this year by Parson, who objected to a tax rebate plan […]

Rideshare drivers in Kansas City’s gig market want more protections from companies

BY: - September 30, 2022

This story was originally published by the Kansas City Beacon.  April Shabazz began driving for Uber full time this summer. The job wasn’t new for her. Rideshare driving had been her side gig for three years, along with work as a tax preparer. Shabazz, a member of Stand Up KC and the Missouri Workers Center, likes Uber’s flexible […]

U.S. Senate approves stopgap spending bill with disaster relief, heating aid

BY: - September 29, 2022

WASHINGTON — The U.S. Senate approved broadly bipartisan legislation Thursday that would provide billions for natural disaster relief, military and economic aid to Ukraine and funding to help low-income families offset the rising costs of heating and cooling their homes. It includes $2.5 billion in assistance for the Hermit’s Peak/Calf Canyon Fire that burned large swaths of […]

Missouri governor’s symbolic action on hunger lights up Democrats

BY: - September 27, 2022

Hoping to bring awareness to the need to combat hunger, Missouri Gov. Mike Parson officially declared September “Hunger Action Month” — lighting the state Capitol and governor’s mansion in orange to encourage involvement in efforts to end hunger in local communities. “When people think of hunger and food insecurity, they may often think of people […]

Faith leaders urge minimum wage hike, expanded child tax credit as Congress nears recess

BY: - September 22, 2022

WASHINGTON — Faith leaders pressed Congress to pass voting rights legislation, a $15 minimum wage and a permanent expansion of the child tax credit during a Thursday briefing on Capitol Hill. “Poverty is a policy choice,” Rev. Dr. William Barber, co-chair of the Poor People’s Campaign, said to lawmakers. Barber, who is the pastor of Greenleaf […]

Income tax cut plan heads to Missouri Senate floor for debate

BY: - September 19, 2022

The Missouri Senate this week will debate an income tax cut that doesn’t immediately lower rates as much as Gov. Mike Parson proposed but would, if passed, promise future reductions. Under a proposal passed on a party-line vote Monday in the Senate Appropriations Committee, the top state income tax rate for next year would be […]

Government programs mostly responsible for record low child poverty, report says

BY: - September 16, 2022

Despite all the economic dislocation caused by the coronavirus pandemic, child poverty and uninsurance were at record lows last year, U.S. Census data show. And those lows are largely the result of large government interventions, the Center on Budget and Policy Priorities said in a statement that was published Tuesday. The percentage of Americans lacking health […]

Multiple plans emerge as Missouri lawmakers begin governor’s tax cut special session

BY: - September 14, 2022

The special legislative session called by Gov. Mike Parson to cut income taxes began Wednesday, and by the time lawmakers adjourned for the day, one thing was clear — there is no agreement on a plan. And that could upend the governor’s hopes of a quick session. In the state Senate, expected to act first […]

As rural homelessness increases, HUD aims money at helping people without access to shelters

BY: - September 12, 2022

The Department of Housing and Urban Development has opened up millions of dollars in funding for groups serving unhoused people in rural areas — an unprecedented move by the agency, say housing advocates. People living in cars, parks, and on the street at night, which the agency labels unsheltered homelessness, has increased across the nation, […]

Vilsack: America’s voluntary approach to agriculture is better than Europe’s mandates

BY: - August 31, 2022

BOONE, Iowa — The more than $1 billion the federal government is devoting to voluntary efforts to reduce agriculture’s adverse effects on the environment is a better long-term strategy than mandating new rules for farmers, U.S. Secretary of Agriculture Tom Vilsack said Tuesday. While state and federal officials in the United States have tended to […]

Missouri governor calls tax cut plan a defense against ‘pet project’ spending by lawmakers

BY: - August 26, 2022

COLUMBIA — To pass a $700 million tax cut plan in a short special session, an important consideration is to “keep it simple,” Missouri Gov. Mike Parson said Thursday morning. That’s why Parson’s proposal accelerates income tax cuts already set to be phased in over several years rather than reduce other tax sources, he told […]

USDA plans ‘historic’ funding to help struggling farmers, develop new ag leaders

BY: - August 25, 2022

The U.S. Department of Agriculture will distribute up to $550 million to expand certain farmers’ access to land, money and markets and to create educational opportunities for the students of higher-education institutions that cater to racial and ethnic minorities. “The idea here obviously is to enlarge the number of people that are engaged in this […]