Missouri Gov. Nixon vetoes tax breaks - KAIT-Jonesboro, AR-News, weather, sports

Missouri Gov. Nixon vetoes tax breaks

Posted: Updated:
  • Most Popular StoriesMost Popular StoriesMore>>

  • 77-year-old questioned, defended as true Marine after NFL player takes his photo

    77-year-old questioned, defended as true Marine after NFL player takes his photo

    Tuesday, July 22 2014 6:15 AM EDT2014-07-22 10:15:36 GMT
    (WMC) - It was a story that made its rounds on social media. On a recent flight DeAngelo Williams, Mid-Southerner and running back for the Carolina Panthers, gave his first-class plane seat to a 77-year-old
    Family members are upset and hurt that their relative, James Wesley Bolden, is being called a liar and "a fake."
  • Cracking the pricing code: Price tag secrets will save you money

    Cracking the pricing code: Price tag secrets will save you money

    Friday, July 18 2014 12:27 PM EDT2014-07-18 16:27:37 GMT
    You see what you think is important on price tags; "half off," "clearance," "big discounts." Turns out, you may be looking right past the most important thing on the tag.
    You see what you think is important on price tags; "half off," "clearance," "big discounts." Turns out, you may be looking right past the most important thing on the tag.
  • UPDATE: Police release details on fatal wreck near Trumann

    UPDATE: Police release details on fatal wreck near Trumann

    Monday, July 21 2014 4:15 PM EDT2014-07-21 20:15:10 GMT
    Arkansas State Police say two people died Monday morning when their vehicles collided on U.S. Highway 63 near Trumann. 
    Arkansas State Police say two people died Monday morning when their vehicles collided on U.S. Highway 63 near Trumann. 

 

DAVID A. LIEB

JEFFERSON CITY, MO (AP) - Missouri Gov. Jay Nixon has vetoed several bills that he says would have jeopardized the state budget by providing special tax breaks to particular industries.

The legislation vetoed Wednesday includes measures providing sales tax breaks for such things as computer data centers, power companies and restaurants. The tax breaks would have applied to certain equipment or electricity used by the businesses.

The Democratic governor has said the tax breaks approved by the Legislature on its final day of session could have reduced state revenues by $425 million annually and local revenues by an additional $351 million.

Republican legislative leaders have disputed those figures. They have defended some of the tax breaks as mere clarifications of policies that they contend have been incorrectly applied by the Department of Revenue.

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

 

Powered by WorldNow

472 Craighead Co. 766
Jonesboro, AR 72401
(870) 931-8888

FCC Public File
publicfile@kait8.com
(870) 336-1816
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KAIT. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.