Missouri businessman Rex Sinquefield has donated $1.3 million to a committee that supports overhauling the state's tax code.
The committee Let Voters Decide backs a proposed ballot measure that would replace Missouri's income tax with a broader sales tax. Missouri Ethics Commission records show Sinquefield made the donation Monday. Campaign contributions of more than $5,000 must be reported within 48 hours.
The newly re-elected President of the St. Louis Board of Aldermen has called a controversial state Senator "unfit to lead," and is asking her to step down over remarks she made about black politicians who are supporting local control of the St. Louis Metropolitan Police Department.
Next Tuesday, St. Louis City voters will vote on Proposition E. If the proposition passes, the city will retain its 1 percent earnings tax. If the proposition fails, the tax will be phased out over the next ten years. Supporters and critics of the earnings tax disagree on many things, including how the tax affects the economic vitality of the city and how prominently the tax figures into people’s decisions to live or work in St. Louis. But many agree on this: no replacement for the earnings tax is in place and a transition to any combination of alternatives could prove painful.
Rex Sinquefield in 2008. Sinquefield is donating $300,000 to further political action committee A Safer Missouri's efforts to remove St. Louis and Kansas City police from state control. (UPI/Bill Greenblatt)