income http://news.stlpublicradio.org en ‘Wailing Wall’ Bridging St. Louis' Delmar Divide To Begin Going Up This Week http://news.stlpublicradio.org/post/wailing-wall-bridging-st-louis-delmar-divide-begin-going-week <p>A project designed as a bridge across Delmar Boulevard begins construction this week and should be in place in early February. It's a contemporary concept with a low-tech twist: hand-delivered letters.</p><p>The “Wailing Wall,” envisioned by local musician and artist Damon Davis, <a href="https://www.stlbeacon.org/#!/content/32445/delmar_divide_wailing_wall_082213">was chosen last August from among other entries in a contest of ideas</a> to address what’s known as the Delmar Divide. The term refers to income inequality north and south of Delmar Boulevard.</p> Mon, 20 Jan 2014 03:59:30 +0000 Nancy Fowler 32971 at http://news.stlpublicradio.org ‘Wailing Wall’ Bridging St. Louis' Delmar Divide To Begin Going Up This Week Many U.S. Families Still Recovering Lost Wealth, Say St. Louis Fed Researchers http://news.stlpublicradio.org/post/many-us-families-still-recovering-lost-wealth-say-st-louis-fed-researchers <p>U.S. households have come a long way in regaining wealth lost in the Great Recession, but the pace of recovery remains uneven largely due to the housing market, <a href="http://www.stlouisfed.org/publications/itb/articles/?id=2445">say researchers from the St. Louis Federal Reserve</a>.</p> Tue, 31 Dec 2013 02:27:48 +0000 Mary Delach Leonard 32645 at http://news.stlpublicradio.org Many U.S. Families Still Recovering Lost Wealth, Say St. Louis Fed Researchers Mapped: How Do St. Louis' Earnings Stack Up? http://news.stlpublicradio.org/post/mapped-how-do-st-louis-earnings-stack <p>Let's admit it - we all wonder what our neighbors are earning. Or, if our assumptions about what we earn are true.</p><p>In a geographical "keeping up with the Joneses" our friends <a href="http://www.thetakeaway.org/story/tracing-lines-income-disparities-across-us/">at </a><a href="http://www.thetakeaway.org/story/tracing-lines-income-disparities-across-us/">WNYC</a> have put together this handy map of median household incomes across the United States.</p> Wed, 18 Dec 2013 23:36:49 +0000 Kelsey Proud 32372 at http://news.stlpublicradio.org Mapped: How Do St. Louis' Earnings Stack Up? Mo. Tax Credit Review Commission Releases Updated Recommendations http://news.stlpublicradio.org/post/mo-tax-credit-review-commission-releases-updated-recommendations <P><A href="http://gov.mo.gov/">Missouri Governor Jay Nixon’s </A>(D)&nbsp;Tax Credit Review Commission has released its revised list of recommendations.</P> <P>Some of the original recommendations have been scaled back.&nbsp; The new list calls for shrinking the cap on Historic Preservation tax credits&nbsp;to $90 million, instead of $75 million as proposed two years ago, and reducing the cap on Low Income Housing to $135 million instead of $80 million.&nbsp; The caps for Historic Preservation and Low Income Housing are currently $140 million and $195 million, respectively.&nbsp; The new report&nbsp;also drops the recommendation to put expiration dates on all tax credits. Fri, 14 Dec 2012 23:57:01 +0000 Marshall Griffin 7392 at http://news.stlpublicradio.org Mo. Tax Credit Review Commission Releases Updated Recommendations Missouri Ranks Among Worst States For Widening Income Inequality http://news.stlpublicradio.org/post/missouri-ranks-among-worst-states-widening-income-inequality <p>Within approximately the last twenty years, Missouri ranks among the worst states in which the gap between rich and middle-income households has widened.&nbsp; That’s according to a new report by the Center on Budget and Policy Priorities and the Economic Policy Institute.</p><p>As we approach the Thanksgiving holiday, we also take note of the report’s finding in which the gap between the very richest and the poor is even larger with the top 5 percent of Missouri households having an average income 11.7 times that of the bottom fifth.</p> Tue, 20 Nov 2012 20:09:01 +0000 Alex Heuer, Mary Edwards & Don Marsh 6638 at http://news.stlpublicradio.org Missouri Ranks Among Worst States For Widening Income Inequality Mo. House seeks compromise with Senate on tax credit bill http://news.stlpublicradio.org/post/mo-house-seeks-compromise-senate-tax-credit-bill <p>The <a href="http://house.mo.gov/">Missouri House</a> has done an about-face and now wants a joint committee to negotiate a final version of a wide-ranging tax credit bill that has divided the House and<a href="http://www.senate.mo.gov/"> Senate </a>throughout the ongoing special session.</p><p><a href="http://house.mo.gov/member.aspx?district=106&amp;year=2011">House Speaker Steven Tilley&nbsp;</a>(R, Perryville)&nbsp;had suggested weeks ago that a conference committee wasn&rsquo;t necessary and that any differences on tax credits could be worked out during floor debates.&nbsp; <a href="http://www.senate.mo.gov/11info/members/mem25.htm">Senate President Pro-tem Rob Mayer</a> (R, Dexter), meanwhile, had pushed for going to conference because that&rsquo;s the normal route for reaching compromise on bills.&nbsp; Tilley says he&rsquo;s decided to take Mayer at his word. Thu, 20 Oct 2011 21:43:48 +0000 Marshall Griffin 2297 at http://news.stlpublicradio.org Mo. House seeks compromise with Senate on tax credit bill Economic development bill passes, more tax credit action in Mo. House http://news.stlpublicradio.org/post/economic-development-bill-passes-more-tax-credit-action-mo-house <p><strong><em>Updated&nbsp;5:14 p.m.</em></strong></p><p>The <a href="http://house.mo.gov/">Missouri House</a> has passed its version of a wide-ranging tax credit bill.</p><p>It does not place expiration dates, or sunsets, on<a href="http://dnr.mo.gov/shpo/taxcrdts.htm#HTC"> historic preservation </a>and<a href="http://www.mhdc.com/rental_production/low_inc_tax_pgrm.htm"> low income housing&nbsp;</a>tax credits, as demanded by the<a href="http://www.senate.mo.gov/"> Senate</a>.&nbsp;&nbsp;Instead, House GOP leaders hope to mollify the Senate with a new proposal:&nbsp;&nbsp;All tax credit programs would come up for review every four years and be subject to a renewal vote by the<a href="http://www.moga.mo.gov/"> General Assembly</a>.&nbsp; The measure is sponsored by <a href="http://www.house.mo.gov/member.aspx?year=2011&amp;district=038">House Budget Chairman Ryan Silvey </a>(R, Kansas City). Thu, 06 Oct 2011 18:45:50 +0000 Marshall Griffin & The Associated Press 2201 at http://news.stlpublicradio.org Economic development bill passes, more tax credit action in Mo. House