Why is Governor Nixon vetoing a proposed cut to your state taxes? Supporters of the bill said much of the reduction won’t go into effect unless Missouri revenues increase. Brent Ghan with the Missouri School Boards association says that’s not true, because the bill is full of mistakes. He says that will lead to deep cuts in education.
“It’s almost certainly a guarantee of loss. We’re talking about an $800 million cut to state revenue. That’s equivalent to all the money we’re spending on higher ed at the moment. That’s a significant amount of state revenue,” says Ghan.
Ghan adds on The Gary Nolan Show most of the tax relief would go to higher-income individuals, according to his association’s analysis.