Income Tax Cut Bill

Photo: UPI/Bill Greenblatt

Lawmakers React to the House Sending Gov. Nixon an Income Tax Cut Bill

For the second straight year, the legislature sent a tax cut bill to Democratic Gov. Jay Nixon for his signature or veto.


File photo of a person counting cash. (Photo by BAY ISMOYO/AFP/Getty Images)

Analysis: Huge Missouri Tax Cut Largely Hypothetical

As Gov. Jay Nixon tells it, a clause in the income tax cut bill that he vetoed could trigger a $1.2 billion run on the state treasury. The attorney general has seconded the possibility. But for the hypothetical to occur, it would require a chain reaction of events that may not be likely.


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