corporate income tax http://kbia.org en Missouri revenues up 2.2 percent for year http://kbia.org/post/missouri-revenues-22-percent-year <p>Missouri budget officials say the state's tax revenues have increased 2.2 percent through the first five months of the current fiscal year.</p><p>The state's Office of Administration on Tuesday released collection figures for the period from July 1 through the end of November.</p><p>The report says Missouri collected $2.19 billion in individual income taxes through November, up 2.6 percent from the $2.13 billion collected in the same period last year. Sales and use tax collections are up 2.9 percent this year.</p><p>Corporate income taxes are up about 32 percent for the year.</p> Tue, 03 Dec 2013 22:48:53 +0000 Person: Associated Press 44717 at http://kbia.org Missouri revenues up 2.2 percent for year Missouri Governor Calls For Truce In Economic Border War http://kbia.org/post/missouri-governor-calls-truce-economic-border-war <a href="http://cpa.ds.npr.org/kcur/audio/2013/11/1112013_Dan_Nixon_Borderwar_PM.mp3" class="asset-audio"></a><p><span style="line-height: 1.5;">Missouri </span>Gov<span style="line-height: 1.5;">. Jay Nixon called for a temporary halt to what’s known as the economic “border war” between Kansas and Missouri Tuesday, in an address to the Greater Kansas City Area Chamber of Commerce.</span><img class="wysiwyg-asset-image-wrapper inset" data-caption="Missouri Gov. Wed, 13 Nov 2013 18:22:26 +0000 Dan Verbeck 43710 at http://kbia.org Missouri Governor Calls For Truce In Economic Border War 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 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. House measures would reduce corporate income taxes http://kbia.org/post/mo-house-measures-would-reduce-corporate-income-taxes <p>Missouri House members have approved a trio of measures that would reduce taxes for some businesses. Wed, 27 Mar 2013 21:14:56 +0000 Associated Press 31089 at http://kbia.org Mo. House measures would reduce corporate income taxes