Mo. Conservative Groups Launch Ads Aimed at Passing Tax Cut

4 years 4 months 3 weeks ago Monday, July 22 2013 Jul 22, 2013 Monday, July 22, 2013 6:39:00 AM CDT July 22, 2013 in News
By: Nick Thompson, KOMU 8 Reporter
loading

JEFFERSON CITY - For the first time Monday, Missourians saw television advertisements from the Missouri Club for Growth advocating for a massive tax cut bill. 

The commercials are part of an advertising blitz launched by conservative interest groups  in anticipation of September's veto session, when many lawmakers will attempt to override Gov. Jay Nixon's veto of House Bill 253.

The General Assembly passed the bill in May and supporters promoted it as Missouri's first tax cut in more than a century. Supporters have also viewed the bill as a way to fight back against Kansas, which lowered its income tax rates in May 2012.

The bill would lower the top individual income tax rate from 6 percent to 5.5 percent and lower the corporate tax rate from 6.25 percent to 3.25 percent by phasing in the rate reductions each year over the next decade.  The bill would also allow filers claiming business income on personal returns to deduct 50 percent of their business income in 2019.

Nixon vetoed the bill in June because it would "jeopardize vital public services and undermine economic growth."

Nixon withheld $400 million worth of projected state spending at the beginning of the 2014 fiscal year and has announced that he will not release the funding unless the General Assembly sustains the veto.

However, conservative donors, including mega-donor Rex Sinquefield, have spent millions to spur ad campaigns and urge an override of the veto. Sinquefield has spent $2.4 million of his own money, according to finance reports. 

The Missouri Chamber of Commerce and Industry, the Missouri chapter of the National Federation of Independent Business and the Associated Industries of Missouri combined efforts to create Grow Missouri, a political action committee, in July. The group has spent $1.3 million to run two television ads in recent weeks.

Although opponents of the tax cut have not launched an advertising campaign, several groups have become active through the Coalition for Missouri's Future. The Missouri Hospital Association, Missouri State Teachers Association and several other groups have backed the tax-cut focused opposition effort.

The House of Representatives passed the bill by a vote of 103 to 51 during the legislative session, and supporters will need 109 votes, which is the number of votes required to constitute a two-thirds majority.

In the final Housel vote, three Democrats voted yes, three Republicans voted no and seven of the nine representatives absent were Republicans. The bill received 23 affirmative votes in the Senate, which constituted a two-thirds majority. No senators have publicly announced a change in their position.

 

 

 

 

 

More News

Grid
List
COLUMBIA - The Missouri State Highway Patrol has confirmed it has fired Trooper Anthony Piercy. KOMU 8 spoke to... More >>
8 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:42:00 PM CST December 15, 2017 in News
COLUMBIA - St. Louis officers arrested a suspect that was on the run in a duplex on Sears Court in... More >>
8 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:29:00 PM CST December 15, 2017 in News
COLUMBIA - The application for the top education position in the state, Missouri State Education Board Commissioner, opened Friday leaving... More >>
9 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:02:00 PM CST December 15, 2017 in News
BLUE SPRINGS (AP) — A commercial real estate records company based in suburban Kansas City has abruptly shut down, leaving... More >>
9 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 7:42:00 PM CST December 15, 2017 in Top Stories
COLUMBIA - The Columbia Fire Department say a house fire that killed a cat Friday afternoon started in the kitchen.... More >>
9 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 7:29:00 PM CST December 15, 2017 in News
COLUMBIA - For the past six years Ryan Shultz, the creator/owner of the Candy Cane Crib, has shared a well-lit... More >>
10 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 7:17:00 PM CST December 15, 2017 in News
COLUMBIA - The Centers for Disease Control and Prevention said around half of adults in the U.S. struggle with understanding... More >>
11 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 6:00:00 PM CST December 15, 2017 in Continuous News
OLATHE, Kan. (AP) — A Blue Springs, Missouri, man has pleaded guilty to kidnapping and raping a sheriff's deputy... More >>
12 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 4:51:08 PM CST December 15, 2017 in News
KANSAS CITY, Mo. (AP) — Ten people are facing federal indictment in a $5.4 million methamphetamine distribution conspiracy. ... More >>
13 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 4:07:15 PM CST December 15, 2017 in News
COLUMBIA - Several new businesses will open in Columbia at the start of the new year. Wheely's Cafe, a... More >>
13 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:49:00 PM CST December 15, 2017 in Continuous News
INDEPENDENCE - Police have now cancelled an endangered silver advisory for a 73-year-old woman with dementia who might have been... More >>
13 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:43:00 PM CST December 15, 2017 in News
JEFFERSON CITY – The Jefferson City Public School Boundaries Committee began discussions on boundary lines for the city’s new high... More >>
13 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:29:00 PM CST December 15, 2017 in News
HOLTS SUMMIT - Holts Summit's board of aldermen met Thursday night to discuss creating a city-owned shelter. Currently, the... More >>
14 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:07:00 PM CST December 15, 2017 in News
SEDALIA (AP) — The former administrator of an ambulance service in central Missouri has pleaded guilty to embezzling more... More >>
14 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 2:52:00 PM CST December 15, 2017 in News
COLUMBIA - Police said a 42-year-old woman went missing Friday morning and was considered at risk because of medical conditions.... More >>
15 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 2:11:00 PM CST December 15, 2017 in News
ST. LOUIS (AP) — Some HIV-positive patients in nearly half the counties in Missouri will lose health insurance coverage next... More >>
16 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 1:02:12 PM CST December 15, 2017 in News
ST. LOUIS (AP) — A 37-year-old man is charged in the shooting of two suburban St. Louis police officers who... More >>
16 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 12:28:00 PM CST December 15, 2017 in News
MONTGOMERY CITY - The Montgomery County Coroner's office is investigating how a person died after a house fire Thursday afternoon... More >>
17 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 12:15:00 PM CST December 15, 2017 in News
Columbia, MO
Broken Clouds 36°
6am 35°
7am 35°
8am 36°
9am 40°

Select a station to view its upcoming schedule:

Coming Up Next

5:00a
This Week in Mizzou Basketball
5:30a
On the Money
6:00a
KOMU 8 News Today
5:00a
Paid Program
5:30a
Paid Program
6:00a
Paid Program

Tonight's Schedule

7:00p
Will & Grace
7:30p
Superstore
8:00p
Dateline NBC
9:00p
Saturday Night Live
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld