Missouri House Enacts Historic Tax Cuts

Overrides Gov. Jay Nixon’s Veto
Missouri state capitol building

Missouri state capitol building / Wikimedia Commons

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The Missouri House of Representatives overrode Democratic Gov. Jay Nixon’s veto of SB 509, which will give Missouri taxpayers broad-based relief.

The state Senate overrode the governor’s veto on Monday.

According to an Americans for Tax Reform press release:

This vote to override the governor’s veto will provide $620 million in tax relief for hard working Missourians. The legislation includes a reduction of the top income tax rate from 6.0 percent to 5.5 percent and a 25 percent exemption from income taxes for small businesses. The latter is a provision to help Missouri small businesses compete with Kansas small businesses which pay no state income tax. Yesterday the state senate voted 23 to 8 to override the governor’s veto.

“Plain and simple, this is a victory for Missouri taxpayers over the liberal spending interests in Jefferson City,” said Grover Norquist, president of Americans for Tax Reform. “Gov. Nixon has proven that he is more concerned with appeasing liberal coastal elites than with providing broad-based tax relief for Missourians.”

Norquist concluded, “SB 509 will help to make Missouri a low-tax state and a more competitive state among her neighbors. The Missouri legislature should be proud, having stood up to the bullying tactics of Gov. Nixon.”