Despite holding a supermajority in Missouri’s House and Senate, Republican lawmakers failed this week to muster enough votes to overturn Governor Nixon’s veto of their $700 million tax cut (which passed overwhelmingly in both chambers just a couple of months ago). A misguided effort supporters touted as a way to keep up with neighboring Kansas, opponents of the measure accurately described it as little more than a big give away to the state’s wealthiest residents at the expense of vital public services, primarily K-12 education. Tally this one as a victory for state tax fairness and adequacy. And watch Governor Nixon, who’s getting national kudos for holding the line on this.
Florida Governor Rick Scott isn’t sure what policy agenda he wants to pursue in 2014, but he knows it has to involve more tax cuts of some kind. How’s that for original thinking? In related news, Politifact recently chided the Governor for exaggerating the health of the state’s revenue collections, and for claiming that his policies had anything to do with the modest revenue growth Florida has seen.
The ink is barely dry on North Carolina’s regressive tax overhaul and yet lawmakers are already discussing fully eliminating the state’s personal income tax and replacing it with an even more regressive broader consumption tax in 2015. Senator Bob Rucho told a Washington Post reporter that he thinks the state will “go to zero” with the income tax in a matter of time. Speaker of the House and US Senate Candidate Thom Tillis agreed, “I think moving to a consumption-based model is something we all agree on.”
Wyoming lawmakers are considering raising the state’s tax on beer in order to pay for alcohol abuse programs. The 2 cent per gallon tax hasn’t been raised since 1935 and is currently the lowest in the nation. After almost eighty years of neglect, it’s safe to say that the tax is probably in need of another look.