Nixon Opposes Tax Overhaul Plan in Missouri Senate

4 years 1 month 3 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
JEFFERSON CITY (AP) — Roughly 240,000 more Missouri Medicaid recipients are being switched to a system under which private companies... More >>
2 hours ago April 30, 2017 Apr 30, 2017 Sunday, April 30 2017 Sunday, April 30, 2017 3:37:00 PM CDT in News
COLUMBIA – A campus organization known as Sustain Mizzou could help the University of Missouri earn its first "Tree Campus... More >>
3 hours ago April 30, 2017 Apr 30, 2017 Sunday, April 30 2017 Sunday, April 30, 2017 2:00:00 PM CDT in News
COLUMBIA - Families and pets met Sunday at Stephens Lake Park for the Mutt Strut, a benefit serving MU's Barkley... More >>
6 hours ago April 30, 2017 Apr 30, 2017 Sunday, April 30 2017 Sunday, April 30, 2017 10:46:00 AM CDT in News
COLUMBIA - April 30 is National Adopt a Shelter Pet Day, so KOMU 8 News asked for viewers to share... More >>
8 hours ago April 30, 2017 Apr 30, 2017 Sunday, April 30 2017 Sunday, April 30, 2017 9:39:10 AM CDT in News
ASHLAND — Search and rescue crews found a woman in Cedar Creek this afternoon after a kayaking accident. She was... More >>
18 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 11:20:00 PM CDT in News
KANSAS CITY (AP) — A Missouri woman paralyzed by Lou Gehrig's disease isn't letting any limitations from the incurable disease... More >>
20 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 8:45:00 PM CDT in News
JEFFERSON CITY (AP) — New Missouri Gov. Eric Greitens' involved and sometimes aggressive leadership style is getting mixed reviews from... More >>
20 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 8:41:12 PM CDT in News
COLUMBIA — Stephens College fashion design, marketing, management and communication students hosted the 73rd annual student design fashion show, called... More >>
21 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 8:12:00 PM CDT in News
FULTON — The city of Fulton is teaming up with William Woods University Chemistry Professor Joe Kyger to figure out... More >>
21 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 8:09:00 PM CDT in News
CALLAWAY COUNTY — First responders rescued three families from their homes in Callaway County Saturday during floods that swept through... More >>
21 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 7:47:00 PM CDT in News
FULTON — Emergency officials responded to a fatal crash near the intersection of State Route O and State Route UU... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 5:23:00 PM CDT in News
COLUMBIA — Despite non-ideal weather conditions, people gathered at MU Saturday afternoon as a part of a nationwide climate change... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 4:46:00 PM CDT in News
JEFFERSON CITY — Ever wonder what to do with your unused prescription drugs? The annual 'Drug Take Back Day' helps... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 3:37:00 PM CDT in News
COLUMBIA — Police officers responded to an armed robbery at Check Into Cash Saturday afternoon. According to a release... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 3:27:00 PM CDT in News
MID-MISSOURI — Flooding caused road closures on Saturday. KOMU 8 News viewers shared photos and videos of what they saw.... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 2:31:00 PM CDT in News
COLUMBIA — The Boone County Office of Emergency Management has reported numerous road closures due to flooding Saturday. ... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 1:32:00 PM CDT in News
JEFFERSON CITY (AP) — Gov. Eric Greitens has agreed to pay a penalty to the state Ethics Commission for failing... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 10:50:00 AM CDT in News
JEFFERSON CITY (AP) — Gov. Eric Greitens has bought a lakeside house in a resort community west of St. Louis.... More >>
1 day ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 9:14:38 AM CDT in News
Columbia, MO
Broken Clouds 63°
6pm 61°
7pm 58°
8pm 57°
9pm 54°

Select a station to view its upcoming schedule:

Coming Up Next

5:30p
NBC Nightly News with Lester Holt
6:00p
Little Big Shots
7:00p
Little Big Shots
4:00p
The Maiden Heist
6:00p
Dark Blue
8:00p
Marvel's Agents of S.H.I.E.L.D.

Tonight's Schedule

7:00p
Little Big Shots
8:00p
Chicago Justice
9:00p
Shades of Blue
6:00p
Dark Blue
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld