Missouri tax revenue is higher than last year, but a dip in individual income tax collections last month has prompted some concern.
Eleven months through the current budget year, revenue has increased from last year by 2.7 percent to $6.5 billion. However, the state Office of Administration reported Thursday that individual income tax collections were down 1.4 percent from May 2011 to May 2010.
Mo. Gov. Jay Nixon during his 2011 State of the State address. Nixon said today that proposals to replace the state's income tax with an expanded sales tax is the wrong way to go. (UPI/Bill Greenblatt)