income tax cuts http://kbia.org en Missouri universities raise funding concerns http://kbia.org/post/missouri-universities-raise-funding-concerns-0 <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">&nbsp;</p><p><span style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Officials from Missouri's public universities are raising concerns about reduced revenues for education as state lawmakers consider an income tax cut.</span></p> Wed, 16 Apr 2014 21:17:05 +0000 Associated Press 51444 at http://kbia.org Missouri universities raise funding concerns Missouri Senate Begins Debate On Nixon's Tax Cut Compromise http://kbia.org/post/missouri-senate-begins-debate-nixons-tax-cut-compromise <span style="line-height: 1.5;">The Missouri Senate has begun debate on a compromise tax cut brokered last month between <a href="http://governor.mo.gov/">Gov. Jay Nixon</a>, a Democrat, and <a href="http://www.senate.mo.gov/14info/members/mem08.htm">state Sen. Thu, 06 Mar 2014 14:08:57 +0000 Marshall Griffin 49151 at http://kbia.org Missouri Senate Begins Debate On Nixon's Tax Cut Compromise Mo. Senate bill would give tax cut to homeowners http://kbia.org/post/mo-senate-bill-would-give-tax-cut-homeowners <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Every&nbsp;<font color="red">homeowner</font>&nbsp;in&nbsp;<font color="red">Missouri</font>&nbsp;could get a one-time tax refund under legislation pending in the state Senate.</p><p> Mon, 03 Mar 2014 14:09:19 +0000 Associated Press 48979 at http://kbia.org Mo. Senate bill would give tax cut to homeowners 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 Missouri House Endorses Tax Cut Bills http://kbia.org/post/missouri-house-endorses-tax-cut-bills <span style="line-height: 1.5;">The Missouri House has given first-round approval to two separate but similar tax-cut bills.</span><p><span style="line-height: 1.5;">Both bills would create tax breaks for business income that's reported on individual income tax returns. Thu, 20 Feb 2014 14:16:49 +0000 Marshall Griffin 48445 at http://kbia.org Missouri House Endorses Tax Cut Bills Nixon Outlines Requirements For Tax Cut Plan That He Could Support http://kbia.org/post/nixon-outlines-requirements-tax-cut-plan-he-could-support <strong><em>(Updated 12:45 p.m. Fri., Feb. 14) </em></strong><p>Missouri Gov. Mon, 17 Feb 2014 14:21:20 +0000 Jo Mannies 48276 at http://kbia.org Nixon Outlines Requirements For Tax Cut Plan That He Could Support 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 Nixon doesn't plan to call for special legislative session http://kbia.org/post/nixon-doesnt-plan-call-special-legislative-session <p>Missouri Gov. Jay Nixon has no plans to call a special legislative session to craft a new version of a bill cutting income taxes.</p><p>Nixon spokesman Scott Holste said today that trying to put together a new bill at the last moment would be an irresponsible approach to a complex issue.</p><p>Nixon vetoed a bill earlier this year that would cut income taxes. Lawmakers are to convene Sept. 11 to consider overriding that veto.</p> Wed, 04 Sep 2013 20:42:55 +0000 Associated Press 39971 at http://kbia.org Nixon doesn't plan to call for special legislative session In St. Louis, Nixon Goes On Offensive Against Income Tax Bill http://kbia.org/post/st-louis-nixon-goes-offensive-against-income-tax-bill Expect to see a lot of ads leading up to September, paid for largely by one man.&#160;<span style="line-height: 1.5;">Libertarian Rex </span>Sinquefield<span style="line-height: 1.5;"> has given nearly $2.4 million to groups backing a possible cut to Missouri's income tax.</span><p><span style="line-height: 1.5;">In response, Democratic Governor Jay Nixon has gone on the offensive, attacking the income tax bill and defending his veto.</span><p><span style="line-height: 1.5;">Speaking in St. Thu, 18 Jul 2013 21:48:23 +0000 Chris McDaniel 37329 at http://kbia.org In St. Louis, Nixon Goes On Offensive Against Income Tax Bill Vetoes By Nixon Set Table For Hectic Mo. Veto Session In September http://kbia.org/post/vetoes-nixon-set-table-hectic-mo-veto-session-september Missouri <a href="http://gov.mo.gov/">Governor Jay Nixon's</a> record number of vetoes this year is expected to set up a very busy and hard-fought veto session this September.<p>According to the Associated Press, the Democratic Governor struck down 29 of the 145 non-budgetary bills sent to him by the Republican-dominated House and Senate.&#160; Dave Robertson is a political science professor at the University of Missouri – St. Wed, 17 Jul 2013 12:47:01 +0000 Marshall Griffin 37211 at http://kbia.org Vetoes By Nixon Set Table For Hectic Mo. Veto Session In September Nixon signs FY 2014 budget, withholds $400 million of spending http://kbia.org/post/nixon-signs-fy-2014-budget-withholds-400-million-spending <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Missouri’s state budget for the fiscal year that begins Monday has been signed into law, but Gov. Jay Nixon also announced that he will withhold more than 400 million dollars in funding for several state needs.&nbsp; He told reporters Friday that the tentative cuts would become permanent if Republican lawmakers override his veto of their tax cut bill.&nbsp; Budget Director Linda Luebbering&nbsp;says Nixon's cuts includes cancelling pay raises for state workers as well as eliminating state jobs.</p> Fri, 28 Jun 2013 22:16:31 +0000 Marshall Griffin 36216 at http://kbia.org Nixon signs FY 2014 budget, withholds $400 million of spending Emails Show Nixon Administration Involvement In Accidental Medicine Tax http://kbia.org/post/nixon-tax-cut-bill-causes-accidental-medicine-tax <em>Updated 5:02 p.m. May 31</em><p><span style="line-height: 1.5;">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.</span><p><span style="line-height: 1.5;">The prescription tax hike is included in a bill passed by the Legislature that cuts the state's income tax. Thu, 30 May 2013 22:17:45 +0000 Chris McDaniel 34615 at http://kbia.org Emails Show Nixon Administration Involvement In Accidental Medicine Tax Scaled-Back Tax Cut Legislation Sent To Mo. Gov. Nixon http://kbia.org/post/scaled-back-tax-cut-legislation-sent-mo-gov-nixon <P></P> <P>A proposal to cut state income taxes in Missouri for both individuals and businesses is on its way to <A href="http://gov.mo.gov/">Governor Jay Nixon</A> (D).</P> <P><A href="http://www.house.mo.gov/billsummary.aspx?bill=HB253&#38;year=2013&#38;code=R">House Bill 253</A> would reduce the personal income tax rate by half a percentage point and the corporate rate by three points.&#160; Both would be phased in over the next 10 years, instead of five as originally proposed. Fri, 10 May 2013 14:07:34 +0000 Marshall Griffin 33504 at http://kbia.org Scaled-Back Tax Cut Legislation Sent To Mo. Gov. Nixon Mo. Senate passes income tax cut to counter Kan. http://kbia.org/post/mo-senate-passes-income-tax-cut-counter-kan <p>The Missouri Senate has passed legislation phasing in a potential $700 million income tax cut for businesses and individuals.</p><p>The legislation approved 24-9 Wednesday by the Republican-led Senate is intended to counteract a large income tax cut that took effect this year in Kansas. The bill now goes to the House.</p><p>It would gradually cut the individual income tax by one-half of a percentage point and the corporate income tax by three percentage points over a decade. But each incremental cut would take effect only if annual revenues rise by at least $100 million.</p> Thu, 09 May 2013 13:40:15 +0000 Associated Press 33434 at http://kbia.org Mo. Senate passes income tax cut to counter Kan. Mo. State House committee examines income tax legislation http://kbia.org/post/mo-state-house-committee-examines-income-tax-legislation <p>Legislation that would cut Missouri’s income tax while raising the sales tax was examined today by a State House committee.&nbsp;</p><p> Tue, 02 Apr 2013 22:19:20 +0000 Marshall Griffin 31404 at http://kbia.org Mo. State House committee examines income tax legislation Gov. Nixon opposes legislation supporting income tax cuts http://kbia.org/post/gov-nixon-opposes-legislation-supporting-income-tax-cuts-0 <p>Gov. Jay Nixon is increasing his opposition to Senate legislation that would cut Missouri's income tax and raise the state sales tax.</p><p></p><p> Tue, 12 Mar 2013 21:57:55 +0000 Associated Press 30302 at http://kbia.org Gov. Nixon opposes legislation supporting income tax cuts