This website is best viewed in a browser that supports web standards.
Jefferson City, MO (2013-09-11)
A Republican push to cut Missouri's income taxes faces resistance as lawmakers decide whether to override Gov. Jay Nixon's vetoes.
The Republican-led Legislature convenes today for a veto override session. The tax cut is the highest profile issue out of Nixon's 33 vetoes. The legislation would phase-in hundreds of millions of dollars of income tax cuts for businesses and individuals. Republican legislative leaders say it would spur the economy and help Missouri compete against recent tax cuts in Kansas and other states. But Nixon says the lost revenues could jeopardize education funding. And he says a drafting error would impose sales taxes on prescription drugs. A veto override requires a two-thirds majority in both chambers. Supporters may fall short in the House, because several Republicans plan to vote "no."
© Copyright, KXCV