income tax http://kbia.org en Bill linking tax brackets to inflation passes House http://kbia.org/post/bill-linking-tax-brackets-inflation-passes-house <p style="font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;"><span style="color: rgb(51, 51, 51);">The Missouri&nbsp;</span><font color="#333333">House has passed legislation that could lower&nbsp;</font><font color="red" style="color: rgb(51, 51, 51);">taxes</font><font color="#333333">&nbsp;for many </font>Missourians<font color="#333333"> by linking the state's&nbsp;</font><font color="red" style="color: rgb(51, 51, 51);">tax</font><font color="#333333">&nbsp;brackets to&nbsp;</font><font color="red" style="color: rgb(51, 51, 51);">inflation</font><font color="#333333">.</font></p><p> Thu, 27 Feb 2014 21:44:05 +0000 Associated Press 48852 at http://kbia.org Bill linking tax brackets to inflation passes House Mo. House endorses plan to adjust tax brackets http://kbia.org/post/mo-house-endorses-plan-adjust-tax-brackets <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Missouri House members have endorsed the first change in Missouri's income tax brackets since the Great Depression.</p><p> Tue, 25 Feb 2014 14:09:53 +0000 Associated Press 48690 at http://kbia.org Mo. House endorses plan to adjust tax brackets Tax Cut Debate Underway In Missouri Senate http://kbia.org/post/tax-cut-debate-underway-missouri-senate <span style="line-height: 1.5;">Debate has begun in the Missouri Senate on this year's attempt to cut the state's income tax rate.</span><p><span style="line-height: 1.5;"><a href="http://www.senate.mo.gov/14info/members/mem08.htm">State Sen. Will Kraus</a>, R-Lee's Summit, is sponsoring <a href="http://www.senate.mo.gov/14info/BTS_Web/Bill.aspx?SessionType=R&BillID=27723520">Senate Bill 509</a>. &#160;It would reduce the individual income tax rate from 6 percent to 5 percent and phase in a tax deduction on an individual's business income of 50 percent. Wed, 12 Feb 2014 14:54:15 +0000 Marshall Griffin 48047 at http://kbia.org Tax Cut Debate Underway In Missouri Senate Sinquefield gives $1.3M to Mo. political efforts in December http://kbia.org/post/sinquefield-gives-13m-mo-political-efforts-december <p></p><p>Missouri's most prolific political financier gave nearly $1.3 million to various political causes in the closing weeks of 2013.</p><p>Online state campaign finance reports show that retired investment firm executive Rex Sinquefield gave $750,000 to Teachgreat.org, $495,000 to Grow Missouri and $25,000 to Missourians for Excellence in Government during the final weeks of December. Thu, 02 Jan 2014 22:45:12 +0000 Associated Press 46135 at http://kbia.org Sinquefield gives $1.3M to Mo. political efforts in December Votes on Mo. income tax cut could draw challengers http://kbia.org/post/votes-mo-income-tax-cut-could-draw-challengers <div>A conservative Missouri political committee says it may recruit candidates to run in primary elections against Republican legislators who vote against an income tax cut.</div><p> Fri, 23 Aug 2013 23:09:39 +0000 Associated Press 39365 at http://kbia.org Votes on Mo. income tax cut could draw challengers Missouri revenues down in July http://kbia.org/post/missouri-revenues-down-july <div>Missouri has started its 2014 fiscal year with a dip in revenues compared to last year.</div><p> Fri, 02 Aug 2013 22:25:44 +0000 Associated Press 38199 at http://kbia.org Missouri revenues down in July Political group wants Nixon to override tax veto http://kbia.org/post/political-group-wants-nixon-override-tax-veto <p>A new political group is launching a campaign to persuade legislators to override the governor's veto of a bill that would phase in various income tax reductions. Political activist Rex Sinquefield has contributed $1.3 million to a business coalition that supports a cut in income taxes.</p><p>The contribution reported Thursday on the state Ethics Commission website provides the financial foundation for a newly formed committee called Grow Missouri.</p> Fri, 12 Jul 2013 12:03:27 +0000 Associated Press 36935 at http://kbia.org Political group wants Nixon to override tax veto “Sahara’s Law” creates income-tax checkbox for pediatric cancer research http://kbia.org/post/sahara-s-law-creates-income-tax-checkbox-pediatric-cancer-research <p>A new Missouri law creates a checkbox on Missouri income tax forms that allows taxpayers to contribute a minimum of $1 of their tax return to fund pediatric cancer research.<br><br>“Sahara’s Law” was introduced by Cape Girardeau Republican Senator Wayne Wallingford, and it’s named after Sahara Aldridge.&nbsp;<br><br>“She was diagnosed with a malignant brain tumor and she fought that battle for 17 months, going through chemotherapy and radiation and even some alternate treatments,” Wallingford said. “But sadly she passed away when she was 13.”<br> Wed, 10 Jul 2013 13:27:30 +0000 Jacob McCleland 36783 at http://kbia.org “Sahara’s Law” creates income-tax checkbox for pediatric cancer research Gov. Nixon vetoes income tax bill, Republicans consider override http://kbia.org/post/gov-nixon-vetoes-income-tax-bill-republicans-consider-override <p></p><p>Some Republican lawmakers are vowing to try to override Gov. Jay Nixon's veto of a bill that reduced income taxes. Shortly after the Democratic governor rejected the bill today, the leading sponsors of the legislation said they would attempt to get the two-thirds vote needed to override his veto when the Legislature convenes in September.</p><p>Republicans hold enough seats in the House in Senate to override Nixon’s veto without any Democratic support. They would have to hold all of the GOP members together in the House and could afford to have only one Republican defect in the Senate. Wed, 05 Jun 2013 21:49:48 +0000 Associated Press & Marshall Griffin 34942 at http://kbia.org Gov. Nixon vetoes income tax bill, Republicans consider override Analysis: Mo. tax plan may save little for many http://kbia.org/post/analysis-mo-tax-plan-may-save-little-many <p>The typical Missouri household might have relatively little to gain from a Senate-endorsed overhaul of the state's tax policies.</p><p>The proposed mixture of income tax cuts and sales tax hikes could save a few dozen dollars annually for a family of four earning just slightly more than Missouri's median household income of about $45,000.</p><p>Wealthier taxpayers, particularly those running their own businesses, might save a lot more. Yet seniors reliant on Social Security benefits could pay more.</p> Mon, 11 Mar 2013 14:01:46 +0000 Associated Press 30204 at http://kbia.org Analysis: Mo. tax plan may save little for many Lower state income tax debated http://kbia.org/post/lower-state-income-tax-debated <p>The Missouri Senate granted preliminary approval yesterday to a bill that would decrease the state income tax by 0.75 percent. Fri, 08 Mar 2013 00:23:07 +0000 Laishi Zhou 30086 at http://kbia.org Lower state income tax debated November general collections report http://kbia.org/post/november-general-collections-report <p>Missouri’s November general collections report show a 6.0 percent increase of revenue compared to November of last year. Tue, 04 Dec 2012 23:13:40 +0000 Julie Fine 25449 at http://kbia.org Newscast for June 5, 2012 http://kbia.org/post/newscast-june-5-2012-0 <p>Regional news from the KBIA newscast including:</p><ul><li>Missouri&#39;s tax revenues ahead of projections, up 3.4 percent.</li><li>Kirksville adopts new weather alert system.</li><li>John Brunner airs first critical TV ad in Missouri GOP Senator bid.</li><li>Former MU student sentenced to probation, community service in racial slur incident. Tue, 05 Jun 2012 23:03:54 +0000 Kaveh Kaghazi 15377 at http://kbia.org Newscast for June 5, 2012 Missouri revenues ahead of projections, up 3.4 percent http://kbia.org/post/missouri-revenues-ahead-projections-34-percent <p>Missouri&#39;s tax revenues are running a little ahead of projections heading into the final month of the state budget year. Tue, 05 Jun 2012 21:14:53 +0000 Associated Press 15365 at http://kbia.org Missouri revenues ahead of projections, up 3.4 percent The Missouri budget's revenue side http://kbia.org/post/missouri-budgets-revenue-side <p><strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; border-image: initial; font-size: 15px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, Times, serif; line-height: 22px; ">Watch the show and join the conversation on the<a href="http://intersectkbia.weebly.com/" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; border-image: initial; vertical-align: baseline; color: rgb(12, 76, 162); ">&nbsp;Intersection website</a>.</strong></p><p> Mon, 09 Apr 2012 22:30:00 +0000 Rehman Tungekar 12102 at http://kbia.org The Missouri budget's revenue side Sales tax advocacy group receives huge donation http://kbia.org/post/sales-tax-advocacy-group-receives-huge-donation <p>&nbsp;</p><p>A group pushing to replace Missouri&#39;s income tax with a broader sales tax says it&#39;s received a million-dollar contribution.</p><p> Fri, 27 Jan 2012 19:04:00 +0000 Associated Press 7844 at http://kbia.org