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.
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.
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.
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.
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.
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.