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Tax Cut Sponsor Says Missouri's Low-Tax Status a Fallacy

JEFFERSON CITY, Mo. -- One of the sponsors of this year's tax bill vetoed by the governor says he'll have a new proposal next year.
JEFFERSON CITY, Mo. -- One of the sponsors of this year's tax bill vetoed by the governor says he'll have a new proposal next year. But he's not focused on making Missouri more competitive with Kansas.

Lee's Summit Senator Will Kraus had the senate version of the bill cutting corporate and income taxes and raising sales taxes. The companion House bill is the one the Governor vetoed. The House refused to overturn the veto thanks to fifteen Republicans who changed their minds after hearing of problems.

Kraus thinks this year's bill made a lot of progress and convinced the Governor that Republicans want to cut taxes. But he admits it's going to be hard to write a bill that will get a majority of 197 legislators and a signature by the Governor in 2014.

Kraus says he does not believe Missouri is a low tax state, a claim he calls "a fallacy." He says Oklahoma, Kansas, and Tennessee are among neighboring states with lower rates.

Although many supporters said this year's bill was intended to make Missouri more competitive with Kansas, Kraus says Kansas isn't the model he wants to follow. 'We're not going to go as aggressive as Kansas did," he says.

Kraus says he wants to cut income and business taxes and increase the sales tax. He maintains the sales tax is not regressive, as opponents claim, because the state does not tax necessities such as food and prescription drugs.


(story contributed by Bob Priddy, Missourinet)


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