Posted on 09/11/2013 1:42:01 PM PDT by Da Bilge Troll
JEFFERSON CITY • The Missouri House has failed to override Gov. Jay Nixon’s veto of legislation that would cut state income taxes for the first time in nearly a century.
The vote, which happened after more than an hour and a half of debate near the start of the state Legislature’s annual veto session today, signaled a key victory for Nixon, who has spent the summer advocating against the tax legislation, which he often characterized as poorly drafted.
“This (legislation) is bad tax policy and bad public policy,” state Rep. Jill Schupp, a Creve Coeur Democrat who spoke out against the override attempt.
Republicans went into today’s vote with a very slim chance of overruling Nixon.
Override attempts need 109 votes in the House, where Republicans hold exactly 109 seats. Several GOP members had already spoken out against the bill, which Nixon argued would raise the prices of college textbooks and prescription drugs while leading to a drop in state funding for education and other services. The final House vote was 94-67. Without two-thirds of the chamber in favor, no vote will be taken in the Senate.
Advocates in favor of the tax legislation filled the House chamber for much of today’s debate.
“We want to help the people of Missouri grow,” said Rep. TJ Berry, a Republican from Kearney who sponsored the bill.
Lawmakers still have an opportunity to override several of Nixon’s other vetoes from this year’s legislative session.
Early on, both chambers managed to override a partial veto of a budget bill, freeing up $1 million for the reconstruction of a main building at the Pike-Lincoln Technical Center that was destroyed in a 2011 fire.
(Excerpt) Read more at stltoday.com ...
recall seems to be the new trend. Go for it, recall all RINO’s
Entlicher, Sue 128:Dallas County
Fitzwater, Paul 144:Potosi
Fowler, Dennis 151:Advance
Fraker, Lyndall 137:Marshfield
Gannon, Elaine Freeman 115:DeSoto
Hampton, Kent 150:Malden
Messenger, Jeff 130:Republic
Morris, Lynn 140:Nixa
Pfautsch, Donna 33:Jackson County
Phillips, Don 138:Kimberling City
Redmon, Craig 4:Canton
Rowland, Lyle 155:Cedarcreek
Thomson, Mike 1:Maryville
Walker, Nate 3:Kirksville
Wood, David 58:Versailles
From: MDN Vote Retrieval
Is it truly good tax party. A tax cut can hurt commerce and economic growth. They’re not all good. GW Bush passed some garbage tax cuts that hurt the economy. Clinton did his $250K RE exemption and we’re still suffering from that misallocation of capital.
How?
GW Bush passed some garbage tax cuts that hurt the economy.
Really? Is that why we had 6 years of growth, full employment, low inflation, lower deficits and higher revenues?
Where do you get your economic ideas? Karl Marx?
You cannot think of a tax cut that would hurt the economy? The tax code is full of them.
Secondly, do some research. The first Bush tax cuts were poorly implemented. The phase in was stupid. It wasn’t until late 2003 that they got it right. Also, it did contain tax cuts that caused distortions, particularly in student loans.
The tax code is full of tax cuts?
The first Bush tax cuts were poorly implemented. The phase in was stupid.
As I recall, the first cut was a small rebate, and it was implemented very well.
I cannot conceive how not taking people's money away from them could be bad unless you believe all wealth belongs to the government. Tell me more!
The tax code is full of tax cuts for special interests. You knew that or you do now. Those ‘tax cuts’ hurt the economy because they either cause misallocation of capital or they punish those to whom the cuts are unavailable.
Do more research on the Bush tax cuts. Many of them caused harm. The rest of your post is nonsense and doesn’t deserve an answer.
Name one.
Many of them caused harm.
Name one.
The rest of your post is nonsense and doesn’t deserve an answer.
Why are you such an ass?
“You cannot think of a tax cut that would hurt the economy? The tax code is full of them.”
Please, list them.
Absolutely correct. Those foul turds need to be flushed down the toilet ASAP.
Your contention that some tax cuts can hurt the economy is exactly the same as saying some tax hikes can help the economy.
Go back to wherever you came from, Bunky. You’re on the wrong site.
it did contain tax cuts that caused distortions, particularly in student loans....Government should have NOTHING to do with student loans. We are not paying taxes to subsidize colleges, Universities or all the other “Higher education” rackets.
“Why are you such an ass?”
Donkeys are asses. They can’t help it.
How about two?
1.Current tax law allows the National Football League, Professional Golfers’ Association, and National Hockey League to operate as nonprofits. Cost to the taxpayers is about $91 million a year just for the NFL and NHL, according to Senator Tom Coburn’s Waste Book (2012).
2. How about special expensing rules for Hollywood? Filmmakers and TV studios have the option of immediately deducting expenses up to $15 million if 75% of production was done domestically as opposed to writing off over the normal 15 to 39 years.
We want a tax code that most certainly rewards entrepreneurship and encourages commerce without distorting the market. Under that circumstance lower is always better. What you see above is classic rent seeking via the tax code. It means you, I and everyone pays more so they pay less. Thus those “tax cuts” are really tax increases for us and our tax code is riddled with them. Capisce?
By now, and may look familiar to you, but the rest of your post is nonsense and doesn’t deserve an answer.
I did in post 16 http://www.freerepublic.com/focus/news/3065596/posts?page=16#16
There are more, I am certain you can do your own research at the federal, state and local level.
Hopefully your posse won’t come after me. It’ll look like unlucky pig day at a sausage factory. ;-]
Exactly, correct.
And how do those “hurt”? They may not be to your liking, but the stimulate economic activity and generate far more in taxes than they cost.
Try a little Bastiat, first.
But, I’ll indulge your longing for learning. You and I compete. I get a tax break you don’t. Fair?
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