Social Security Bill Signed

1 decade 5 months 1 week ago Thursday, July 05 2007 Jul 5, 2007 Thursday, July 05, 2007 9:16:25 PM CDT July 05, 2007 in News
Governor Matt Blunt signed the bill in Columbia today. More than 225,000 seniors will get the tax break. The average savings will be about $700 a year.

"Unfortunately in the past, Missouri politicians had made a bad decision," Blunt said. "They decided to tax Social Security benefits. Nobody on this stage had anything to do with that. So, it's not a problem we created, but it's a problem we can solve."

Rep. Jeff Harris, (D) Columbia, said he was happy about the bill, but it was only a small step in the right direction.

"Here's what the governor should have done. I mean, this tax cut - I supported it. I voted for it. But what he really should have done is restore healthcare for all the senior citizens, whose healthcare was cut - that he cut - two years ago," Harris said.

Prior to today's signing, Missouri had been one of fifteen states taxing social security benefits. Missouri will phase in the tax break over the next six years.

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