Nixon Opposes Tax Overhaul Plan in Missouri Senate

3 years 4 months 2 weeks ago March 07, 2013 Mar 7, 2013 Thursday, March 07 2013 Thursday, March 07, 2013 12:46:00 PM CST in News
Source: Associated Press
By: KOMU Staff

JEFFERSON CITY - Gov. Jay Nixon is opposing a tax overhaul plan backed by the Missouri Senate because it contains a sales tax increase.

Nixon said Thursday that the proposed one-half cent sales tax hike would be especially harmful to seniors and veterans on fixed incomes and also could also hurt working-class parents trying to provide for their children.

The bill given initial approval Wednesday night by the Republican-led Senate also includes a three-quarters of a percentage point decrease in the state income tax for individuals and businesses. That income tax cut would more than offset the sales tax hike, resulting in an estimated $450 million loss in state revenues once both tax changes are fully phased in.

The legislation needs another Senate vote before it can move to the House.

 

More News

Grid
List
COLUMBIA - Big energy companies like Ameren and Empire may not be totally complying when it comes to renewable energy... More >>
2 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 2:42:48 PM CDT in News
JEFFERSON CITY - The 66th annual Jefferson City Jaycees Cole County Fair operates strictly on a volunteer basis. The... More >>
2 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 2:16:00 PM CDT in Top Stories
ST. LOUIS (AP) — A man is critically injured after driving a go-kart into the side of a St. Louis... More >>
4 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 12:03:28 PM CDT in News
COLUMBIA - College pal David Roloff has fond memories of Democratic candidate Vice President Tim Kaine at the University of... More >>
5 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 11:42:00 AM CDT in Top Stories
CHESTERFIELD (AP) — Police are searching for the suspect after an attempted child abduction at a suburban St. Louis outlet... More >>
7 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 9:07:52 AM CDT in News
COLUMBIA - Fire crews put out a structure fire at a condemned house on 4th Avenue off Providence Road in... More >>
8 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 8:50:00 AM CDT in News
AVA, Mo. (AP) — Police say a teenager has wounded another teen and then killed himself before dawn in a... More >>
9 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 7:45:09 AM CDT in Continuous News
ST. LOUIS (AP) — Strong thunderstorms across parts of Missouri are offering relief from the oppressive heat and humidity, but... More >>
9 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 7:27:24 AM CDT in Continuous News
PHILADELPHIA - Columbia resident Persephone Dakopolos arrived Sunday in Philadelphia for the Democratic National Convention. Dakopolos was selected at the... More >>
13 hours ago July 25, 2016 Jul 25, 2016 Monday, July 25 2016 Monday, July 25, 2016 3:04:00 AM CDT in News
COLUMBIA - The National Association of Realtors reported this week a 9-year high for sales of existing homes this past... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 4:06:00 PM CDT in News
WILDWOOD (AP) — Two people were killed in a two-vehicle collision in eastern Missouri. St. Louis County police say... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 3:52:10 PM CDT in News
DIAMOND (AP) — Southwest Missouri has a newly dedicated prairie. The 163-acre George Washington Carver Prairie was dedicated Saturday.... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 3:01:01 PM CDT in News
COLUMBIA - Tim Kaine has always been a leader. While as a student at the University of Missouri, he... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 1:37:00 PM CDT in News
HARRISONVILLE (AP) — A western Missouri man has been found not guilty in a 2014 fatal shooting at a Cass... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 1:25:37 PM CDT in News
ST. LOUIS (AP) — A member of the Clay family has represented St. Louis and northern suburbs in Congress for... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 10:38:26 AM CDT in News
JEFFERSON CITY (AP) — Republican candidates in Missouri's gubernatorial primary are pledging an aggressive law-and-order approach, two years after the... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 10:03:16 AM CDT in News
COLUMBIA — Road closings this summer in downtown Columbia could make it harder to enjoy local shops and restaurants in... More >>
1 day ago July 24, 2016 Jul 24, 2016 Sunday, July 24 2016 Sunday, July 24, 2016 3:43:00 AM CDT in News
LAKE OF THE OZARKS — One person was injured after a boat caught on fire at the 38-mile marker by... More >>
1 day ago July 23, 2016 Jul 23, 2016 Saturday, July 23 2016 Saturday, July 23, 2016 10:10:00 PM CDT in News
Columbia, MO
Broken Clouds 83°
5pm 84°
6pm 84°
7pm 83°
8pm 81°

Select a station to view its upcoming schedule:

Coming Up Next

4:00p
Dr. Phil
5:00p
KOMU 8 News @ 5
5:30p
NBC Nightly News with Lester Holt
4:30p
The Cleveland Show
5:00p
American Dad!
5:30p
American Dad!

Tonight's Schedule

7:00p
American Ninja Warrior
9:00p
NBC News Special: 2016 Democratic National Convention
7:00p
MADtv 20th Anniversary Reunion
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld