MNEA issues action alert as tax bill faces final vote today

(From Missouri National Education Association)

The House is expected to take up HCS/SS#2/SCS/SBs 26, 11 & 31 (Will Kraus) for final passage on April 24.  SB 26 will significantly reduce state general revenue when fully implemented and will force devastating cuts to public investment in K-12 and higher education and other vital services. 

The Association strongly opposes the radical cuts to state revenues contained in SS#2/SCS/SBs 26, 11 & 31. 

The HCS version of the bill reduces state personal and corporate income taxes by two-thirds of a percent and phases in a 50% deduction of business income. The bill also increases the state sales tax by six-tenths of a percent and enacts the Streamlined Sales Tax and includes Use Tax nexus language for out of state sales.