Business Lobby Wish List

1 decade 1 year 9 months ago Wednesday, December 21 2005 Dec 21, 2005 Wednesday, December 21, 2005 5:29:17 PM CST December 21, 2005 in News
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The Otscon manufacturing plant in Columbia has added workers and space in the past few years. Company managers credit tax legislation pushed through by Associated Industries of Missouri, or AIM.

"What it allows us to do is, basically, is invest back into the company," explained Otscon's Cathy Cowan-Smith. "We've just recently finished a new addition. We've added onto the building now, again, for a third time, and created some new lines, and been able to buy some new machinery with some of those tax funds we might not of had before." 

Otscon also has used that money to hire more workers, growing to more than 200 employees since 1993. The factory in Columbia makes parking brakes. But, it's just one of many corporations AIM has helped by pushing for tax relief in the state legislature. 

AIM backed successful legislation last session to reform worker compensation rules in the state. AIM's goals for next year's legislative session include limits on unemployment pay, fewer environmental regulations and more tax cuts.

"And that's what you do when you decrease corporate income tax rates, is, you make Missouri more attractive," added AIM's Ray McCarty. "So, when companies are trying to decide where to put that new line and create those new jobs, they do them in your state, and that's what we hope will be a natural result of the tax decrease." 

AIM will take its agenda to a friendly, Republican-led legislature and governor for the session that starts early next month in Jefferson City.

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