Missouri Lawmakers Cut Taxes As They Ponder Raising Them

On Wednesday, the General Assembly passed a bill incrementally cutting taxes by $620 million over at least five years, a measure Gov. Jay Nixon will probably veto. On Thursday, a Senate committee is expected to back a bill asking voters to raise the state's sales tax by a penny for 10 years to fund updates to transportation infrastructure -- money likely to rebuild I-70 nearly from Illinois to Kansas.

Topics:  general assembly   gov jay nixon   senate   i-70   illinois   kansas   cut   taxes   years   bill   
BING NEWS:
  • Missouri House again votes to cut corporate income taxes
    A similar bill is awaiting debate on the Senate. Lawmakers in the past 18 months have cut the top rate on income taxes and excluded Social Security and other retirement income from the state income ...
    03/28/2024 - 1:42 am | View Link
  • After moving on from flat tax, Kansas House finds unanimous support for a new tax cut plan
    After House GOP leadership moved on from the flat tax, the Kansas House found unanimous support for a new tax cut package. But will the Senate agree?
    03/27/2024 - 6:53 am | View Link
  • Iowa revenue projections updated as lawmakers weigh budget, tax cut decisions
    Iowa's revenue panel forecasted that the state would take in about $9.63 billion in fiscal year 2024, a 2.2% decrease from last fiscal year.
    03/15/2024 - 10:06 am | View Link
  • Iowa could cut state income taxes
    Iowa state lawmakers are looking to cut state income taxes again. A new individual income tax bill became law a few years ago. There are three different income tax plans, but only one plan brings it ...
    03/15/2024 - 2:58 am | View Link
  • Lawmakers seek data on proposed business tax cut
    A bill to reduce the taxes Iowa businesses pay into the state fund that pays out unemployment benefits is advancing in the House, but Republican Representative Dave Deyoe of Nevada said they’re ...
    03/14/2024 - 5:17 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News