Sales Tax Hike Supporters Raise $1 Million

Construction crews work on a ramp off I-70 in St. Louis. | Photo courtesy of the Missouri Department of Transportation
Construction crews work on a ramp off I-70 in St. Louis. | Photo courtesy of the Missouri Department of Transportation

Construction companies, design firms and others that stand to gain a decade’s worth of state business if a Missouri tax hike referendum passes in August have kicked in almost $1 million so far for a publicity campaign that will soon include TV commercials and other paid media. In the arsenal of the opposition: About $1,200.

On one side is a road construction industry that badly wants Missouri voters to approve the three-quarter-cent sales tax increase when they go to the polls on Aug. 5, to fund billions of dollars in future road and bridge contract work for that industry. On the other side are opponents who say the proposed tax is regressive and unfair.

The proposed sales tax hike would add about 8 cents to a $10 purchase, and would fund a range of transportation-related projects for at least the next 10 years.

Read more from the St. Louis Post-Dispatch


Tags:, ,

One thought on “Sales Tax Hike Supporters Raise $1 Million

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more