(Jefferson City) – Missouri Governor Jay Nixon says that tax exemptions passed by the legislature on the last day of the session will hurt the state’s economy in a variety of ways, including impacting the state’s conservation and park efforts.
Nixon, in an exclusive interview with Ozark Radio News, discussed the tax breaks that he vetoed, saying that the cuts will harm Missouri’s outdoor economy to the tune of $245.7 million:
Nixon adds that the state’s soil and water practices in the state have had an immense impact in the state, and that impact would be undermined by the tax breaks:
The legislature claims that people who aren’t paying these taxes will spend their money in other ways, generating more sales tax revenue for the state. Nixon says he disagrees with that assessment:
The bills, which would provide tax breaks to data storage centers, fitness centers, restaurants, grocery stores, power companies, dry cleaners, and farmers markets, were vetoed by Nixon on June 11.
We will have more from our exclusive interview with Gov. Jay Nixon next week.