Nixon Blasts Last-Minute Tax Breaks Passed By Legislature

Gov. Jay Nixon says eight bills that passed in the final eight hours of the legislative session would hand out special tax breaks that could cost the state treasury between $263 million and $483 million and bust the budget. The tax breaks would go to groups such as “fast-food restaurants, power companies, personal seat licenses at stadiums and dry cleaners,” Nixon said. The largest one — sales tax breaks for data storage centers — could cost as much as $220 million, according to Nixon’s budget office. He said he would use his veto pen and budget withholdings to “correct” the overspending and tax break problems. Overall, it was a frustrating session for Nixon. The Republican-dominated legislature enacted an income tax cut over the Democratic governor’s veto, ditched his proposed Medicaid expansion and insisted that students in unaccredited districts have an option to go to private schools, despite his protests. They also ignored his call for campaign contribution limits and brushed aside his call for tax credit reform.

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