Evaluation of Major State Taxes in Missouri

Abstract

This brief examines the four most important sources of tax revenue for the state, three of which, the individual income tax, sales and use taxes, and the corporate income tax, comprise over 90% of the moneys credited to the general revenue fund. The general revenue fund is the source from which appropriations are made for education, public assistance including Medicaid, mental health services, and general governmental functions. The motor fuel tax is the fourth tax examined here.