Schools, businesses at odds over Missouri tax cut
Mon, 28 Apr 2014 18:35:21 GMT —
Business and education groups are again drawing battle lines over a Missouri proposal to cut state income taxes.
A coalition of elementary and secondary education groups raised concerns Monday that the tax cut passed by the Republican-led Legislature could lead to a future reduction in school funding.
But business leaders joined Republican lawmakers Monday in suggesting that was a false argument. They contend Missouri could boost its economy by cutting taxes while at the same time still increasing school funding.
Gov. Jay Nixon is likely to veto the tax cut legislation this week. Lawmakers then plan to try to override his veto.
Schools and business groups also were on opposite sides last year when lawmakers failed to override Nixon's veto of a more expansive tax cut.