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Nixon Gathers Support for Boeing Tax Breaks

JEFFERSON CITY, Mo. -- Missouri's Governor is trying to lure Boeing to the state with a lucrative tax break plan.
JEFFERSON CITY, Mo. -- Missouri's Governor is trying to lure Boeing to the state with a lucrative tax break plan.

Lawmakers were called for a special session late Monday to consider an incentive package for Boeing that includes $150-million a year in tax breaks.
Nixon's proposal would allow up to $150 million a year in incentives for aerospace projects that create at least 2,000 jobs in 10 years, such as Boeing's new airliner. The incentives would all come out of existing programs.

For it's part, Boeing promises to bring hundreds of jobs.

The Boeing 777X  assembly plant  is up for grabs after negotiations with unions in Washington state, which is home to most of the company's commercial production lines, broke down. Gov. Jay Nixon is pushing for Missouri to be home of the new plant.

"There are really only two significant manufacturers of commercial aircraft in the world: Airbus and Boeing. And so in that sense, I want America to win. I want Missouri to win."

State leaders say it's a good idea -- but Tim Jones, Missouri State House Speaker, says the devil is in the details.
"If we can increase manufacturing jobs and production here in the state of Missouri that is an extremely positive thing. It has to be balanced though against what is fiscally responsible for tax payers, so I would say we're cautious at this time. I would say we're excited about the opportunity that we're even being considered but we're cautious until we have all of the facts.

More than a dozen states are reportedly vying to get Boeing to build its plant in their communities.
Nixon said the state has until the close of business on Tuesday, Dec. 10 to send a proposal to Boeing but he hopes to get it done by the end of this week.


(KRCG, Jefferson City and KMOV, St. Louis contribute material for this story)


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