bill cutting missouri income tax becomes law without gov nixon\s signature
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Bill cutting Missouri income tax becomes law without Gov. Nixon's signature

Arab Today, arab today

Arab Today, arab today Bill cutting Missouri income tax becomes law without Gov. Nixon's signature

Washington - UPI

The Missouri General Assembly voted Tuesday to override Gov. Jay Nixon's veto of legislation cutting state income taxes. The state Senate acted on the legislation Monday. It now becomes law without the governor's signature. Last year, a tax cut bill failed when Nixon, a Democrat, vetoed it, and Republicans failed to muster the votes needed for an override. The new bill ties tax cuts to growth in state revenue, and supporters say it will not hurt essential state programs. But Nixon says that buried deep in the bill is language that could eliminate the tax on all incomes greater than $9,000, costing the state $4.7 billion in revenue. Democrats also say the state should fully fund aid to education before cutting taxes. "The reality is, at the end of the day, we wanted to make sure that folks understood that we are going down a road where we have made a decision to cut taxes before we meet our obligation to education," Jolie Justus of Kansas City, the Senate minority leader, said. Under the bill, the first cuts to top income tax rates would come in 2017, with the rate dropping from 6 percent to 5.5 percent over five years. The cuts would take effect only if revenues are still growing.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bill cutting missouri income tax becomes law without gov nixon\s signature bill cutting missouri income tax becomes law without gov nixon\s signature

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bill cutting missouri income tax becomes law without gov nixon\s signature bill cutting missouri income tax becomes law without gov nixon\s signature

 



GMT 01:14 2017 Friday ,06 October

Afghan forces flushing Taliban out of Kunduz

GMT 21:45 2017 Thursday ,16 February

Samsung heir arrested in corruption probe

GMT 13:14 2017 Saturday ,14 January

Ed Sheeran breaks Spotify records with new music

GMT 15:32 2016 Tuesday ,20 December

China’s economic growth to slow to 6.5%

GMT 15:52 2017 Sunday ,05 February

Janadriyah fest celebrates symbols of Saudi identity
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday