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Tuesday, 03 September 2013 03:30

Analysis: Huge MO tax cut largely hypothetical

   JEFFERSON CITY, Mo. (AP) - Governor Jay Nixon says a clause in the income tax cut bill that he vetoed could have triggered a $1.2 billion run on the state treasury.

   Attorney General Chris Koster agreed with Nixon's legal analysis this past week. But the projection remains largely hypothetical.

   The Missouri bill would trigger a one-half of a percent reduction in state income tax rates if the federal government enacts a measure making it easier for states to collect online sales taxes.

   That bill has stalled in the U.S. House. But if it passes, then all of Missouri's roughly 2.8 million income taxpayers would have to amend three years of tax returns for Nixon's projections to hit in a single year.

   The courts likely would have to determine whether the retroactive tax refund is legal.

 
Published in Local News

   Texas Governor Rick Perry says that unless Missouri lawmakers override Governor Jay Nixon's veto of an income tax cut, he won't be the only governor trying to lure business from the Show-me State.  Perry made the comments Thursday evening while speaking at a pro-tax cut rally in Chesterfield.  

   Perry had spent the day in the St. Louis area pushing for the override of Nixon's veto of House Bill 253.

   Nixon crisscrossed the state Thursday, telling crowds that the tax cut would imperil critical services like education and risk the state's Triple-A tax rating. 

   Both men spent Thursday morning discussing their positions with McGraw Milhaven on his KTRS morning show.  Nixon continued to criticize the Texas Governor for trying to "poach" business, while Perry said it's merely competition in a very competitive arena.

   Perry also told McGraw that $40 million in business leaves Missouri for Texas every year, although he could not name any specific business. Nixon contests that figure.

   The Missouri Governor said the bottom line is that states should be competing against the world for a piece of the economic pie, not slicing into each other's portion.

   The story made national headlines after KTRS management rejected Perry's ad campaign aimed at convincing Missouri businesses to move to the Lone Star state.
Published in Local News

   CONWAY, Mo. (AP) - Gov. Jay Nixon is asking the federal government to issue a major disaster declaration for 22 southern Missouri counties hit hard by this month's floods.

   Nixon said Tuesday the costs of emergency response and repairs will be high.

   The floods that resulted from nearly two weeks of heavy rain caused widespread damage across the southern tier and left at least three people dead.

   Nixon announced his request in Conway, where the waste water treatment system was heavily damaged.

   The governor is asking the federal government to clear the way for individual and public assistance in 14 counties, public assistance in four counties and individual assistance in four others.

   Individual assistance allows households to seek federal aid for uninsured losses. Public assistance allows local governments to seek help with response and recovery expenses.

 
Published in Local News

Governor Jay Nixon says Texas Governor Rick Perry crossed the line when he voiced an ad that is airing across Missouri. The ad tries to lure businesses to Texas by slamming Missouri's tax policy. Governor Nixon does not appreciate the message and says it demonstrates that Perry does not have a good understanding of the reality confronting leaders.

"Anybody who thinks that the future is going to be made by state-against-state pettiness doesn't understand that there are factories opening up in China, that there are kids in school in France, that we have to compete to win the future," said Nixon.

Perry is running the ads ahead of a trip to the Show-me-State in which he will rally Missouri lawmakers to override Governor Nixon's veto of a bill that would have lowered some taxes and raised other.

Nixon had recommendations on what the governor do in Missouri. "When he comes, he [should] go to a store and buy something because he'll notice it's cheaper in Missouri because we have a lower sales tax rate," said Nixon. "And when he's here, maybe he ought to look at buying a house, because our property taxes are way lower than they are in Texas. And he won't have any trouble getting somebody who can help him add up the numbers, because our kids' ACT scores are way higher than they are in Texas."

Lawmakers meet on September 11 to decide which bills they will try to override.

 

Published in Local News

JEFFERSON CITY, Mo. (AP) - Texas Gov. Rick Perry is wading into Missouri's political battle over tax cuts.

Perry told The Associated Press on Thursday that he believes Missouri lawmakers should override Gov. Jay Nixon's veto of legislation cutting state income taxes.

A Texas economic development group began airing a radio ad Thursday in Missouri criticizing Nixon's veto and encouraging Missouri businesses to consider moving to Texas. The group also is running a Missouri TV ad touting Texas' low taxes and regulations on businesses.

Perry is to visit Missouri on Aug. 29. He plans to meet with business leaders, speak at a Missouri Chamber of Commerce luncheon and attend an evening event hosted by groups backing a veto override of the tax-cut bill.

Missouri lawmakers are to convene Sept. 11 to consider veto overrides.

 

Published in Local News

Governor Jay Nixon spoke at the St. Louis City Police Department, defending his veto of a Missouri House Bill.

The legislation, House Bill 301 would have removed hundreds of criminals who committed sex crimes when they were under the age of 18 from online sex offender registries. The proposal would allow sex offenders to petition the court for removal from the registry. Nixon said the bill is flawed because it does not consider the seriousness of the criminal's offenses.

The legislation would remove around 870 people from the registry.

 

Published in Local News

   JEFFERSON CITY, Mo. (AP) - Some Republicans in the Missouri House say a veto override appears likely for a high-profile gun bill, but the odds remain uncertain for a tax-cutting measure after a meeting of GOP lawmakers.

   House Republicans who attended a private weekend caucus said Monday that there was a lot of discussion about the income tax cut vetoed by Democratic Gov. Jay Nixon.

   The bill's sponsor, Rep. T.J. Berry of Kearney, says he feels more optimistic about the prospects of an override. But the meeting may not have changed too many minds. Rep. Don Phillips, of Kimberling City, says he still plans to vote "no."

   Rep. Doug Funderburk, of St. Peters, says his bill attempting to nullify some federal gun-control laws received little Republican opposition and appears poised for a veto override.

 
Published in Local News

SEDALIA, Mo. (AP) - Controversy over a rodeo clown who mocked President Barack Obama isn't keeping Gov. Jay Nixon away from the annual governor's ham breakfast at the Missouri State Fair.

Plenty of other executive officials and lawmakers also attended the event at the fairgrounds in Sedalia on Thursday.

The ham breakfast is only part of the allure. The event also offers the opportunity for politicians to shake hands with hundreds of rural Missourians in an informal atmosphere.

Earlier this week, many Missouri officials denounced a rodeo skit in which a clown wore an Obama mask while another riled the crowd with statements suggesting the president could be run down by a bull.

Lawmakers at the fair said they plan to continue funding the fair.

Published in Local News

JEFFERSON CITY, Mo. (AP) - Missouri House Speaker Tim Jones is rallying support for an effort to override Gov. Jay Nixon's veto of tax-cutting legislation.

Jones, a Republican from Eureka, says reducing taxes would grow the economy, create additional economic opportunities and allow more funding for education. On Wednesday, Nixon was renewing his objections to the tax legislation in southern Missouri. The Democratic governor has traveled throughout the state to defend the veto.

Nixon's asserts the tax cut would jeopardize funding for government services and boost taxes on prescription drugs.

Jones told supporters in Fulton on Tuesday that he sees "the momentum on our side." He says it is a commonsense measure.

House Republicans are meeting this week to discuss possible veto overrides. Missouri lawmakers return to the state Capitol on Sept. 11.

 
Published in Local News

   Members of Governor Jay Nixon's staff will testify voluntarily this week before a Missouri House panel that had tried to subpoena them.  

   Republican Representative Stanley Cox says six current members of Nixon's administration and a former Revenue Department director will testify Tuesday and Wednesday.

   The panel is investigating the Revenue Department practice of making electronic copies of birth certificates, concealed gun permits and other personal documents of applicants for driver's licenses and state IDs.

Published in Local News

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