tax cuts

Downsizing State Govt.
7:35 pm
Thu July 18, 2013

Downsizing State Government Tour Ends At Mo. Capitol

The Mo. House Interim Committee on Downsizing State Government holds its final hearing at the Mo. Capitol on July 18, 2013.
Marshall Griffin/St. Louis Public Radio

A Missouri House committee looking at ways to downsize state government wrapped up its three-day tour across the state with three meetings Thursday, in St. Joseph, Columbia, and at the State Capitol in Jefferson City.

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2014 Budget
11:07 am
Fri June 28, 2013

Nixon Freezes $400 Million From State Budget

Gov. Jay Nixon has frozen $400 million from the state budget that takes effect July 1.
(Marshall Griffin/St. Louis Public Radio)

Updated at 4:55 p.m. with quotes from Gov. Nixon, Budget Dir. Luebbering, and several GOP legislative leaders.

Citing concerns that lawmakers will override his veto of an income tax bill, Governor Jay Nixon (D) announced today that he's frozen more than $400 million in spending from the state's budget for next year.

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Tax Cut Bill
6:16 pm
Tue June 11, 2013

Mo. Gov. Nixon Campaigns Against Tax Cut Bill He Vetoed Last Week

Mo. Gov. Jay Nixon (D) addresses Higher Ed. officials in Jefferson City on June 11th, 2013.
Marshall Griffin/St. Louis Public Radio

Governor Jay Nixon has launched a major public effort to support his veto last week of a bill that would have cut Missouri's individual and corporate income taxes.

The Democratic Governor appeared before college and university officials Tuesday morning in Jefferson City, telling them that the GOP-backed proposal is the single greatest threat to public education he's seen in his career.

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MO Statehouse
11:43 am
Wed June 5, 2013

Nixon Vetoes 'Fiscally Irresponsible' Income Tax Measure

Gov. Jay Nixon has vetoed a Republican-backed plan that would implement corporate and individual income tax rates.
(UPI/Bill Greenblatt)

Updated at 4:45 p.m. with responses from House Speaker Tim Jones (R, Eureka) and Mo. Senator Will Kraus (R, Lee's Summit).

Citing a lack of "fundamental fairness," Gov. Jay Nixon has vetoed legislation that would have reduced Missouri's income tax rates for the first time in more than 90 years.

The  bill would have gradually reduced corporate and individual income tax rates while also creating a new deduction for business income reported on individual income taxes.

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3:47 pm
Mon May 20, 2013

Nixon Criticizes Tax Cut Bill, But Stops Short Of Committing Veto

Nixon and St. Louis County Executive Charlie Dooley take part in ceremonial groundbreaking at a new building.
Chris McDaniel, St. Louis Public Radio.

Democratic Governor Jay Nixon took part in a groundbreaking ceremony in Chesterfield Monday, where Reinsurance Group of America announced it is bringing 300 new jobs the area.

Republicans in the Missouri General Assembly passed a bill this year that would cut income taxes – aimed at attracting more businesses and competing with nearby states like Kansas.

Nixon will now have to decide whether to sign or veto the bill. But he told reporters afterward that drastic changes like the tax cut are bad for business.

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Missouri State Budget
5:25 pm
Fri May 10, 2013

Mo. Gov. Nixon Criticizes Tax Cut Bill, 8-Month DMV Funding

Mo. Gov. Jay Nixon (D)
Marshall Griffin/St. Louis Public Radio

Governor Jay Nixon (D) delivered a mixed report card Friday on the state budget and other bills passed by the Republican-controlled Missouri General Assembly this week.

While he complimented lawmakers for increasing funding for K-12 schools and higher education, he also criticized them for passing legislation that would cut state income tax rates for individuals and corporations.  He told reporters that the bill would gut state revenues by more than $800 million.

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Tax cuts
3:08 am
Fri May 10, 2013

Scaled-Back Tax Cut Legislation Sent To Mo. Gov. Nixon

An interior view of the Missouri Capitol dome.
(via Flickr/jimbowen0306)

A proposal to cut state income taxes in Missouri for both individuals and businesses is on its way to Governor Jay Nixon (D).

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Tax Cuts
5:18 am
Wed May 8, 2013

Proposed Tax Cut Scaled Back By Mo. Senate Republicans

Mo. Capitol at night
Marshall Griffin/St. Louis Public Radio

Republicans in the Missouri Senate have scaled back a proposal to cut state taxes in order to emulate tax cuts in neighboring Kansas and Oklahoma.

Governor Jay Nixon (D) has strongly objected to the bill's sales tax hike, saying it would hurt the poor and elderly the most.  That provision has been dropped.  House Bill 253 would now cut the personal income tax rate by half a percentage point and the corporate rate by three points, and phase them both in over the next 10 years.  Republican Will Kraus of Lee’s Summit is handling the measure in the Senate.

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Tax Cuts
2:02 am
Thu April 25, 2013

Mo. House Sends Amended Income Tax Cut/Sales Tax Hike Back To Mo. Senate

Mo. Capitol
Marshall Griffin/St. Louis Public Radio

The Missouri House has passed a Senate bill that would overhaul the state’s income and sales taxes, but not before making a few changes.

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Tax Cuts
5:44 pm
Tue April 2, 2013

House Committee Hears Mo. Senate Bill To Cut Income Tax & Raise Sales Tax

Mo. House Ways & Means Committee hears testimony on SB26, which would cut the state's income tax while raising the sales tax.
Marshall Griffin/St. Louis Public Radio

Legislation that would cut Missouri’s income tax while raising the sales tax was examined today by a State House committee.

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