income tax

Income Tax Bill
4:35 pm
Mon July 29, 2013

Credit Rating Agencies Express Concern Over Missouri Income Tax Bill

Krisi Luther, St. Louis Public Radio.

Credit rating agencies warn that allowing a Missouri income tax bill to become law could have a negative impact on the state's credit rating.

“We believe that if the Missouri legislature overrides the governor’s veto and enacts the legislation, and the federal government passes the Marketplace Fairness Act, it has the potential to result in a significant financial impact to the state, despite requirements for the maintenance of a balanced budget," Standard & Poor's wrote.

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Politics
4:37 pm
Thu July 25, 2013

Politically Speaking: Sen. Walsh On School Transfers And The Income Tax Bill In Veto-Session

Discussion of school transfers from Normandy to Francis Howell.
Chris McDaniel, St. Louis Public Radio.

Every week, St. Louis Public Radio’s Chris McDaniel joins the St. Louis Beacon’s Jo Mannies and Jason Rosenbaum to talk about the week’s politics.

 

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Politics
10:33 am
Tue July 23, 2013

Nixon: Income Tax Cut Bill Would Drain Millions From Public Education

Mo. Gov. Jay Nixon on Aug. 26th, 2009.
Marshall Griffin, KWMU

If the income tax cut bill becomes law in September, millions will be cut from Missouri's public education system, according to Governor Jay Nixon.

It's a common refrain from the Democrat: "You can either be for public education or for House Bill 253, but you can't be both," he told a crowd of business leaders last week.

This week, Nixon released numbers to back up his claim.

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Politics
4:38 pm
Thu July 18, 2013

In St. Louis, Nixon Goes On Offensive Against Income Tax Bill

Chris McDaniel, St. Louis Public Radio.

Expect to see a lot of ads leading up to September, paid for largely by one man. Libertarian Rex Sinquefield has given nearly $2.4 million to groups backing a possible cut to Missouri's income tax.

In response, Democratic Governor Jay Nixon has gone on the offensive, attacking the income tax bill and defending his veto.

Speaking in St. Louis to the Regional Chamber, Nixon said it is a "fiscally irresponsible experiment that didn't work in Kansas and won't work here."

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Politics
3:49 pm
Thu July 11, 2013

Politically Speaking: Sen. Chappelle-Nadal On Education, Guns, And Sinquefield's $1.3 Million Push

Erin Williams, St. Louis Public Radio.

Every week, St. Louis Public Radio’s Chris McDaniel joins the St. Louis Beacon’s Jo Mannies and Jason Rosenbaum to talk about the week’s politics.

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Politically Speaking
4:36 pm
Thu June 13, 2013

Politically Speaking: Sen. Eric Schmitt Joins To Discuss Tax Bill And More

Sen. Schmitt in studio.
Jason Rosenbaum, St. Louis Beacon

Every week, St. Louis Public Radio’s Chris McDaniel joins the St. Louis Beacon’s Jo Mannies and Jason Rosenbaum to talk about the week’s politics.

On this week's episode: Missouri Senator Eric Schmitt (R-Glendale) joins as a guest to have a "free-wheeling and fun conversation" on the income tax bill the governor vetoed. Then we run through some news: the auditor's finding on the Hancock Amendment, as well as the Jefferson-Jackson Dinner.

Next week, Democratic Senator Jamilah Nasheed will join the program.

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Politics
4:44 pm
Wed June 5, 2013

How The Income Tax Cut Issue Extends Beyond Nixon's Veto - And His State

(via Flickr/StockMonkeys.com)

Governor Jay Nixon vetoed legislation Wednesday that would have cut Missouri’s income tax rates for the first time in 90 years.

The Republican-led General Assembly passed the bill in large part pointing to neighboring Kansas which already has slashed its personal and corporate income taxes.

But as St. Louis Public Radio’s Maria Altman reports, the Democratic governor says the cuts would hurt Missouri education and other state services.

A 'Fiscally Irresponsible Experiment'

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Politics
3:18 pm
Thu May 30, 2013

Emails Show Nixon Administration Involvement In Accidental Medicine Tax

Mo. Gov. Jay Nixon on Aug. 26th, 2009.
Marshall Griffin, KWMU

Updated 5:02 p.m. May 31

Newly released emails show that Gov. Jay Nixon's administration and legislative bill drafters each had a role in crafting an apparently inadvertent tax increase on prescription medications.

The prescription tax hike is included in a bill passed by the Legislature that cuts the state's income tax. Nixon has indicated he may veto the bill.

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St. Louis on the Air
3:23 pm
Thu February 21, 2013

Despite Delays, Taxes Still Due April 15: St. Louis Tax Expert Lance Weiss

(via Flickr/Tax Credits)

Last year, Congressional negotiations over the so-called fiscal cliff put year-end tax considerations in flux.

A deal was reached, and though the filing acceptance date was delayed a couple of weeks, the Internal Revenue Service is now accepting most 2012 tax returns.

The IRS did not, however, change the tax due date of April 15, 2013.

Host Don Marsh talked with St. Louis-based tax expert Lance Weiss, CPA, of SFW Partners, LLC.

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Occupy St. Louis
6:53 pm
Tue April 17, 2012

Occupy activists protest corporate tax code

Several hundred protesters demonstrated outside Bank of America's regional headquarters in downtown St. Louis Tuesday.
Joseph Leahy/St. Louis Public Radio

Occupy movement protesters blocked traffic outside Bank of America's regional headquarters Tuesday in downtown St. Louis. The group, including union workers, students, retirees, and clergy, staged a mock-game of dodge ball to protest how, in their view, corporations dodge paying their fair share of taxes.  

Zach Chasnoff, an organizer for the group, says the movement chose the IRS's filing deadline to call attention to an unfair tax system that favors corporations over citizens.

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