Contact Us

Nixon Denounces Senate Tax Cut Plan

Missouri Governor Jay Nixon
governor.mo.gov

Gov. Jay Nixon is criticizing an income tax cut plan endorsed by a Missouri Senate committee.

Nixon’s office issued a news release Thursday calling the legislation a “fiscally irresponsible tax experiment.”

The bill endorsed by the Senate Ways and Means Committee would gradually cut the top individual income tax rate from 6 percent to 5 percent. It also would gradually phase in a 50 percent tax deduction on business income reported on individual tax returns.

Republican Sen. Will Kraus says his bill is a sensible and responsible way to cut taxes, because the incremental cuts only take effect if state revenues continue to rise by at least $100 million.

The Democratic governor says the legislation could jeopardize funding for schools.

Best of KHMO

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://khmoradio.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KHMO VIP quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KHMO VIP contests, events, coupons, presales, and much more delivered to you for FREE.