Governor to Discuss Income Tax Cut Bill at MSU

By KOLR10 News

Published 04/21 2014 04:34PM

Updated 04/22 2014 05:15AM

SPRINGFIELD, Mo.-- Missouri Governor Jay Nixon plans to visit Missouri State University on Tuesday, to discuss actions he will take on an income tax cut bill.

Last week, the Republican-led General Assembly passed Senate Bill 509.  The bill would cut $620 million per year in income taxes.

While visiting Ozark High School last week, Governor Nixon told KOLR10 News he thought the cuts were unnecessary.

"We're a low tax state, sixth lowest in the country. I've cut taxes four times. Experiments like these especially benefit the wealthy," Nixon said last week.

Nixon also said a reduction in state revenue threatens programs and services, particularly education.

Republicans argue the bill would give taxpayer dollars back to the people, putting more money in the economy and growing the economy.

Governor Nixon's appearance is scheduled to begin at 1:15 p.m. Tuesday at Plaster Student Union.

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