Missouri House Speaker Tim Jones is rallying support for an effort to override Gov. Jay Nixon's veto of an income-tax cut bill.
Jones, a Republican, says reducing taxes would grow the economy and allow more funding for education. Nixon, a Democrat, says the tax cut would jeopardize funding for government services and boost taxes on prescription drugs.
House Republicans are meeting this week to discuss possible veto overrides. Missouri lawmakers return to the state Capitol on Sept. 11. Speaking in Fulton on Tuesday, Jones said he sees "momentum" on his side.
A new report by the Department of Mental Health, or DMH, found the department would have to cut 87 million dollars annually. Federal matching funds would also be lost, which brings that number to approximately $164 million per year.
Speaking at the Autism Center for Diagnosis and Treatment at Southeast Missouri State University, Nixon said that would permanently undermine the state’s ability to fund mental health services.
Gov. Jay Nixon continued stumping across the state discouraging state lawmakers from overriding his veto on a tax cut bill.
At the University of Missouri Columbia campus Wednesday, Nixon said the bill could result in a funding slash of $67 million per year for the state’s higher education institutions. The University of Missouri system alone stands to lose $31 million per year. And if a federal online sales tax bill passes, the state number jumps up to a cut of $116 million annually.
With two stops in mid-Missouri Tuesday, Gov. Jay Nixon continued his campaign against a Republican-sponsored bill that would cut the corporate and individual income tax rates. Nixon vetoed the bill earlier this summer.
Nixon addressed Missouri school leaders in Columbia Tuesday at a conference hosted by the Missouri Department of Elementary and Secondary Education. The governor used the venue to continue speaking against a bill that would cut taxes in the state.
Originally published on Thu August 1, 2013 7:01 am
The income tax bill that would eventually reduce income tax rates by about a half of a percent is likely to not be brought up in veto session next month, according to Missouri House Speaker Tim Jones (R-Eureka).
Appearing on St. Louis Public Radio's and the St. Louis Beacon's Politically Speaking podcast, Jones said he currently doesn't have the votes necessary for an override of the governor's veto.
We’ve talked about the Republican veto-proof majority on this show before. Well, that’s one of the main causes behind a situation playing out in Jefferson City (and across the state) right now.
Republicans pushed a bill through the legislature this year that would reduce the personal income tax rate by half a percentage point and the corporate rate by three points. Both would be phased in over the next 10 years. Many Republicans touted the bill as one of their key accomplishments in the 2013 session, and if it becomes law, it will likely be the most noticeable change in the state that comes out of this past session.