Mo. Conservative Groups Launch Ads Aimed at Passing Tax Cut

5 years 4 months 2 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 - A second-degree domestec assault charge against Missouri Football defensive end will not be filed, according to the... More >>
3 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 8:24:00 PM CST December 11, 2018 in News
COLUMBIA - The University of Missouri recently joined the ranks of many colleges across the country by starting up an... More >>
3 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 8:08:00 PM CST December 11, 2018 in News
JEFFERSON CITY - An investigation into a First Student bus concern has lead to an increased police presence in one... More >>
4 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 7:29:00 PM CST December 11, 2018 in News
JEFFERSON CITY - After almost three years, Jefferson City now has new and improved fire trucks. Jefferson City Fire... More >>
5 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 7:03:00 PM CST December 11, 2018 in News
COLUMBIA - Neighbors on Lasso Circle in Columbia's Old Hawthorne neighborhood feel safe, but are more vigilant exactly a year... More >>
6 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 6:07:00 PM CST December 11, 2018 in News
FULTON - Fulton Soup Kitchen is working to open its new location in Fulton, but a $1,700 utilities down payment... More >>
6 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 5:18:00 PM CST December 11, 2018 in News
OZARK, Mo. (AP) — The southwest Missouri city of Ozark that had said it was removing a Christian cross from... More >>
6 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 5:17:00 PM CST December 11, 2018 in News
COLUMBIA- The Columbia Police Department is investigating a death downtown. CPD announced the investigation on Twitter just after 4... More >>
7 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 4:44:00 PM CST December 11, 2018 in News
ST. LOUIS (AP) — An eastern Missouri doctor has been sentenced to more than three years in prison for prescribing... More >>
9 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:48:09 PM CST December 11, 2018 in Continuous News
KANSAS CITY (AP) — A Kansas City man who told officers he was planning to kill someone and was "kinda... More >>
9 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:42:49 PM CST December 11, 2018 in Continuous News
JEFFERSON CITY - As Missouri's Secretary of State waits for a response from the State Auditor, a political expert weighed... More >>
9 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:41:00 PM CST December 11, 2018 in News
COLUMBIA - The Columbia Police Department has been dispatched to Ballenger Lane in North Columbia 11 times so far this... More >>
9 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:21:00 PM CST December 11, 2018 in News
JEFFERSON CITY - Walgreens is giving Missouri a new tool in the fight against opioid abuse, and it's a simple... More >>
10 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:02:00 PM CST December 11, 2018 in News
TAOS - A school bus holding 38 students ranging from K-12 was hit head-on Tuesday morning while stopped on Dove... More >>
11 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 12:19:00 PM CST December 11, 2018 in News
KANSAS CITY (AP) — Both U.S. senators from Missouri are demanding answers about the death of a veteran after an... More >>
13 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 10:58:05 AM CST December 11, 2018 in News
COLUMBIA - Gunfire in the neighborhood around Blue Ridge Elementary School led to a modified lockdown Tuesday afternoon, and police... More >>
13 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 10:39:00 AM CST December 11, 2018 in News
JEFFERSON CITY - Jefferson City Public Schools has named the first football head coach for the new Capital City High... More >>
14 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 9:55:00 AM CST December 11, 2018 in News
JEFFERSON CITY - The agreement between the Jefferson City School District and the city will reimburse the school district up... More >>
16 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 7:30:00 AM CST December 11, 2018 in News
Columbia, MO
Broken Clouds 48°
1am 43°
2am 42°
3am 40°
4am 39°