⚠️ Amendment 5 is on Missouri's August 4, 2026 ballot. It would repeal Missouri's state income tax — the primary revenue source for public schools. Missouri already ranks 49th out of 50 states in state funding for public education. Vote NO on August 4.
Missouri Amendment 5 Impact Calculator

THE HARMFUL IMPACT
OF AMENDMENT 5:
WHAT BILLIONAIRES GAIN.
WHAT SCHOOLS LOSE.

If Amendment 5 passes, Rex Sinquefield and Missouri's other billionaires pocket the tax savings — while public schools lose over $1.4 billion statewide.

Vote NO on Amendment 5 — August 4, 2026
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The Architect of Amendment 5
Rex Sinquefield
Same Billionaire.
New Scheme.

Eliminating the income tax in favor of sales taxes has been a decades-long goal of Rex Sinquefield — Missouri's most prolific Republican donor. Since 2016 alone, he has poured more than $28 million into Missouri politics. This isn't his first swing: he's spent millions reshaping Missouri's tax system, including past campaigns to curb local earnings taxes in St. Louis and Kansas City.

Poured into MO politics since 2016
$28M+
Estimated net worth
$1B+
Actual net worth not divulged. Estimated minimum of $1B — he is an established billionaire. St. Louis Business Journal ↗
His annual income tax savings if Amendment 5 passes
~$49.5M
est. per year if his $1B+ net worth were taxed at MO's 4.95% rate
What Sinquefield's ~$49.5M annual tax savings could fund for Missouri public schools — every single year
Methodology & Sources

All unit costs use Missouri-specific or Midwest averages where available, and national averages otherwise. Billionaire tax savings are illustrative estimates. Figures represent what a single unit costs to fund for one school year unless otherwise noted.

Resource Unit Cost Rationale & Source
🍎 First-Year Teacher Salary $40,386 Missouri average beginning teacher salary (FY2023–24), per the NEA 2025 Teacher Salary Benchmark Report. Missouri ranks below the national average of $46,526 for starting teachers. This figure represents base salary; total employment cost to districts including benefits is roughly 25–30% higher. NEA 2025 Educator Pay Report · nea.org ↗
🏫 Afterschool Programs $97,500 Annual cost for a full school-based afterschool program serving approximately 65 students. The Afterschool Alliance estimates ~$1,500 per child per year for a high-quality program; at 65 students that yields ~$97,500. Program costs include staff salaries (primary driver), materials, snacks, and overhead. Afterschool Alliance · afterschoolalliance.org ↗
💻 Computer Labs $25,000 Fully equipped 30-device lab including devices, networking, furniture, charging cart, and basic software licensing. Per EdWeek and U.S. PIRG research: ~$300/device at bulk pricing, plus $3–5K furniture, $3K networking, $2K charging cart, and peripheral costs. U.S. PIRG "Chromebook Churn" (2023) · EdWeek ↗
🎺 Marching Band Uniform Sets $50,000 Full set for a 100-student high school marching band at ~$500/uniform. Includes jacket, trousers, shako hat, plume, and accessories. Per industry manufacturer data and multiple public school band boosters. Fruhauf Uniforms Buyer's Guide · fruhauf.com ↗
🎨 School Arts Programs $40,000 Annual arts program budget for a single school. Benchmarked against national per-student arts allocation data (~$160/student for a 250-student school). Covers part-time arts teacher, supplies, and partnerships. Americans for the Arts · americansforthearts.org ↗
🤝 Paraprofessionals / Aides $38,000 Loaded annual cost (salary + benefits) for a Missouri-based school paraprofessional or special education aide. BLS reports median ~$30,600/yr for teacher assistants in Missouri; with 25% benefits load, total cost is approximately $38,000/position. BLS Occupational Outlook, May 2024 · bls.gov ↗

Billionaire net worth figures are from the Forbes 2026 World's Billionaires List. Missouri's 9 billionaires (David Steward $12.4B, Pauline MacMillan Keinath $9.7B, John Morris $8.9B, Jim Kavanaugh $7.7B, Rodger Riney $4.2B, Robert Clark $3.7B, Jim McKelvey $1.6B, David Humphreys $1.2B, Rex Sinquefield ~$1.6B) hold a combined ~$50.8B. Sinquefield's net worth is an estimate; he does not appear on the Forbes billionaires list but is widely reported at $1.6B based on his DFA stake and investments. Tax savings estimates are illustrative: Missouri's top state income tax rate is 4.95% (2024). For Rex Sinquefield, this rate is applied directly to his $1B+ net worth floor — showing what he stands to gain from Amendment 5's income tax repeal. This is a wealth-tax framing for illustrative purposes. No Missouri wealth tax currently exists or is proposed — this calculator models Amendment 5's income tax repeal. District funding at risk comes from the Missouri Budget Project's district analysis using NCES Education Finance data (FY25 baseline).

Vote NO on Amendment 5 · August 4, 2026
Paid for by Parents for Missouri Public Schools. Ellen Glover, Treasurer.