Missouri Senate votes to override tax cut veto

JEFFERSON CITY, Mo. (AP) - Missouri's Republican-led Senate has voted to override the veto of an income tax cut by Democratic Gov. Jay Nixon.

The 23-8 party-line vote Monday was just enough to meet the constitutional requirement of a two-thirds majority. The measure now goes to the House, where Republicans will need the support of at least one Democrat to meet that threshold.

The legislation would gradually reduce Missouri's top individual income tax rate from 6 percent to 5.5 percent and phase in a new 25 percent deduction for business income reported on personal tax returns.

Republicans contend the tax cut will boost the economy and help Missouri compete with other states.

Nixon has denounced it as an "ill-conceived, fiscally irresponsible experiment" that could jeopardize funding for public education and state services.


Tax cut is SB509.


Legislature: http://www.moga.mo.gov

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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