income tax cut

Politics
7:47 am
Mon July 21, 2014

Nixon Says Legislature-Approved Tax Breaks Decimate Local Control

Missouri Gov. Jay Nixon tells the Eastern Jackson County Betterment Council tax cuts he vetoed could have a detrimental impact on local revenues.

Originally published on Fri July 18, 2014 4:18 pm

Missouri Gov. Jay Nixon was in Blue Springs Friday asking local elected officials to oppose the tax breaks state lawmakers approved in the session's eleventh hour.

Nixon vetoed the cuts, which would have created sales tax exemptions for restaurants, dry cleaners and power companies, earlier this week. He says they weren't accounted for in the budget legislators sent him and would make it difficult for municipalities to raise the money they need through levy increases.

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Politics
3:43 pm
Wed May 21, 2014

Foes consider referendum drive on Missouri tax cut

Credit 401(K) 201 / Flickr

Some opponents of a Missouri income tax cut say they're contemplating pursuing a referendum that would put the issue before voters.

The Republican-led Legislature enacted the tax cut this spring by overriding a veto of Democratic Gov. Jay Nixon. The measure would gradually reduce Missouri's top individual income tax rate and phase in a new business income deduction starting in 2017.

The Kansas City Star reports that some groups opposed to the tax cut are considering a referendum petition.

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Politics
8:15 am
Thu May 8, 2014

Democrat loses committee spots after tax cut vote

Keith English
Credit Missouri House of Representatives

A Democratic lawmaker from suburban St. Louis has been removed from several Missouri House committees after he sided with Republicans to enact an income tax cut.

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Politics
9:13 am
Tue May 6, 2014

Missouri House Joins Senate To Override Veto Of Tax-Cut Bill

Originally published on Fri May 9, 2014 3:47 pm

The Missouri House acted quickly Tuesday to override Gov. Jay Nixon's veto of a tax-cut bill that is estimated to cut the state's revenue by about $620 million a year when fully implemented.

The House obtained the exact number of votes needed — 109 — with the help of one Democrat, Rep. Keith English of Florissant.  He joined all of the chamber's 108 Republicans.

The House joined the Senate, which voted 23-8 on Monday to override the governor's veto, which he issued last week.

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Politics
8:14 am
Mon May 5, 2014

Missouri lawmakers plan override vote on tax cut

Missouri Capitol
Credit j.stephenconn / Flickr

Missouri lawmakers could decide this week whether to override Gov. Jay Nixon's veto of an income tax cut.

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Politics
4:12 pm
Thu May 1, 2014

Gov. Nixon to veto income tax cut

Credit File Photo / KBIA

Missouri Gov. Jay Nixon says he will veto an income tax cut that he considers to be "an unfair, unaffordable and dangerous scheme."

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Politics
8:25 am
Wed April 23, 2014

Nixon's Latest Tax-Cut Battle With General Assembly Resembles Earlier Fight

Missouri Capitol

Originally published on Thu April 24, 2014 3:57 pm

With a new tax-cut package on his desk, Missouri Gov. Nixon has zeroed in on a new “fatal flaw’’ that his administration says could wipe out 65 percent of the state’s general-revenue income used to fund most state services and aid to public schools.

The details may be different, but the basic argument mirrors last year’s fight, when Nixon successfully killed a tax-cut bill by highlighting flaws that he said would cost the state's treasury – and the public – far more than the bill’s backers had intended.

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Politics
8:56 am
Tue April 22, 2014

Nixon taking action on Missouri tax-cut measure

Jay Nixon
Credit File Photo / KBIA

Missouri Gov. Jay Nixon is ready to follow through on his criticism of a tax-cut plan passed by the Legislature.

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Politics
8:03 am
Wed April 16, 2014

Missouri universities raise funding concerns

Officials from Missouri's public universities are raising concerns about reduced revenues for education as state lawmakers consider an income tax cut.

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Politics
9:15 am
Tue April 1, 2014

Gov. Nixon criticizes $620M Missouri tax cut plan

Jay Nixon
Credit File Photo / KBIA

A new estimate puts the eventual cost of a Missouri tax cut proposal at more than $620 million annually.

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Politics
8:30 am
Mon March 31, 2014

New estimate puts Missouri tax cut bill at $620M

Missouri Senate floor
Credit File / KBIA

A new estimate puts the eventual cost of a Missouri Senate income tax cut plan at more than $620 million annually.

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Politics
5:09 pm
Thu February 13, 2014

Gov. Nixon pitches deal for income tax cut

Gov. Jay Nixon proposed an income tax cut provided Missouri public schools receive full funding and other agencies curb spending.
File Photo KBIA

Gov. Jay Nixon says he would enact an income tax cut, if lawmakers agree to several contingencies.

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Politics
7:39 am
Fri January 24, 2014

Nixon Calls Senate Tax-Cut Proposal 'Fiscally Irresponsible'

Gov. Jay Nixon lauds new GM vehicles during visit to St. Louis Auto Show

Originally published on Fri January 24, 2014 1:13 pm

Missouri Gov. Jay Nixon has swiftly attacked a state Senate panel’s action to approve a phased-in tax cut that he estimates will cost the state $1 billion a year when fully implemented.

Nixon called it a “fiscally irresponsible tax experiment.”

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Politics
4:37 pm
Tue January 14, 2014

Parole Board appointee defends income tax cut vote

Credit File Photo / KBIA News

A former Missouri lawmaker is defending his appointment to the state parole board in the face of opposition from some senators.

Dennis Fowler was appointed to the Board of Probation and Parole in December by Gov. Jay Nixon. But to remain in the job, his appointment must be confirmed by the Senate.

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Intersection
6:32 pm
Mon January 13, 2014

State lawmakers preview 2014 legislative session

Watch the show and join the conversation on the Intersection website. 

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Politics
8:29 am
Mon December 30, 2013

State legislators plan a comeback for income tax cut legislation

Credit KBIA

Missouri lawmakers plan to make another attempt at cutting income taxes during their 2014 session.

Democratic Governor Jay Nixon vetoed an income tax cut bill passed earlier this year, and majority party Republicans were unable to override it.

House and Senate leaders say an income tax cut will be an early priority when lawmakers convene January 8th.

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Politics
5:22 pm
Thu August 29, 2013

AG Koster sides with Gov. Nixon on tax cut

File photo of Missouri Attorney General Chris Koster and Governor Jay Nixon from 2011.
Credit Missouri News Horizon via Flickr

Missouri Attorney General Chris Koster has sided with Gov. Jay Nixon in determining that a vetoed tax cut bill could have applied retroactively.

At issue is a provision triggering an automatic one-half of a percent reduction in Missouri's income tax rates if the federal government makes it easier for states to collect taxes on online sales.

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Politics
6:19 pm
Mon August 12, 2013

Nixon continues attack against income tax cut bill

Credit File Photo / KBIA

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.

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Politics
4:27 pm
Tue July 30, 2013

Nixon: Tax cut bill would harm education, eliminate funding for new Fulton hospital

Credit File Photo / KBIA

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.

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Education
1:53 pm
Fri July 19, 2013

University of Missouri leaders want income tax bill to stay dead

Credit cindyt7070 / Flickr

The University of Missouri Board of Curators met Friday morning, and the curators say they are concerned about statewide spending cuts that directly affect the UM System. 


Missouri governor Jay Nixon froze 400 million dollars in statewide spending in response to threats to override his veto of House Bill 253, a tax-cutting bill that Nixon said would drain state revenue.  Republicans have enough seats in the state legislature to override the Democratic governor’s veto in September if they all agree to do so. 

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