Several Republican Senators aim to cut taxes
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Several Republican Senators aim to cut taxes

Date: December 4, 2012
By: Nick Thompson
State Capitol Bureau
Links: SB 5, SB 26 

Intro: 
Kansas passed income tax cuts this year for small businesses and individuals, leading Missouri lawmakers looking for ammuntion in an economic border war.
RunTime:  0:46
OutCue:  SOC

Wrap: Three Republican Senators have all pre-filed bills to cut taxes for middle and higher income individuals, small businesses, and corporations.

Kansas City area senator Will Kraus' says all the ideas give the Senate a place to begin discussion.

Actuality:  KRAUS2.WAV
Run Time:  00:06
Description: "there's gonna be a lot of ideas going back and forth, what we end up with is probably not going to be any one person's one bill."
But incoming St. Louis City Democratic Senator Jamilah Nasheed says someone will have to pay for tax cuts.
Actuality:  NASHEED5.WAV
Run Time:  00:13
Description: "If we're going to snatch a piece of revenue from the $24 billion budget here in the state of Missouri, something or someone is going to take a hit."

Kraus' bill cuts taxes to five percent on taxable income over $7,000.

Reporting from the state capitol, I'm Nick Thompson

Intro: 
At the same time Washington lawmakers are warring over tax breaks for the rich, Three Republican Senators in Missouri are looking to further tax breaks in the state.  
RunTime:  0:43
OutCue:  SOC

Wrap: Three Republican Senators have all pre-filed bills to cut tax rates for middle and higher income Missourians, small businesses and corporations.

Senator Will Kraus' bill is the only one to cut rates for middle and upper income individuals.

Kraus says the ideas on the table will give the Senate a place to start discussion.

 
Actuality:  KRAUS1.WAV
Run Time:  00:13
Description: "I think this is gonna be an interesting subject to talk about this year and there's gonna be a lot of ideas going back and forth. What we end up with is probably not going to be one person's bill."

Democratic St. Louis City Senator Jamilah Nasheed says it is not a good idea to cut taxes at the expense of services for those who need it most.  

Reporting from the state capitol, I'm Nick Thompson.

Intro: 
Missouri is losing an economic border war with Kansas, and are proposing tax cuts to fire back.
RunTime:  0:42
OutCue:  SOC

Wrap: Three Republican Senators have all pre-filed bills to cut taxes for middle and higher income individuals, small businesses, and corporations.

Senator Will Kraus' bill is the only one to cut rates for individuals.

But incoming Democratic Senator Jamiliah Nasheed says she does not support cutting taxes..

Actuality:  NASHEED4.WAV
Run Time:  00:17
Description: "It's not rocket science. If we're going to snatch a piece of revenue from the $24 billion budget here in the state of Missouri, something or someone is going to take a hit."

Kansas passed income tax cuts this year, further stoking the border war.

Reporting from the state capitol, I'm Nick Thompson.


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