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Politicians in the state Capitol say they want to give a break to people who owe Missouri thousands of dollars in back taxes. |
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RunTime: | 0:44 |
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Wrap: Lawmakers are working on a plan known as tax amnesty. The plan would let people off the hook for interest and penalties they owe on any outstanding state taxes, as long as they pay those taxes by October.
If it passes the legislature, the amnesty proposal could bring the state an extra $75 million next year. And Republican Senator Kurt Schaefer, of Columbia, says its better for the state to get at least some of what it's owed.
Actuality: | SCHTAX.WAV |
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Run Time: | 00:10 |
Description: "Ideologically, the issue comes down to some people just don't like it because they think it's a way to let people off the hook who haven't paid their taxes. But you have the balance that with the fact that they owe those taxes." |
The amnesty plan passed the House last month and is now headed to the full Senate.
Reporting from the state Capitol, I'm Wes Duplantier. Newsradio 1120. KMOX.
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People who owe thousands in back taxes could be getting some help from lawmakers in the state Capitol |
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RunTime: | 0:43 |
OutCue: | SOC |
Wrap: Under a plan called "tax amnesty," people with back taxes could get a break on interest and penalties if they pay the taxes by October. And they'd have to promise to pay their taxes on time for the next 8 years.
The Seante Appropriations Committee has endorsed the plan and it's now headed to the full Senate for debate.
If it passes the legislature, the amnesty proposal could bring the state an extra $75 million next year. And Republican Senator Kurt Schaefer, of Columbia, says its better for the state to get at least some of what it's owed.
Actuality: | SCHTAX2.WAV |
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Run Time: | 00:07 |
Description: "It's money that's already owed to the state. It's a mechanism to collect funds that we are owed but that we are currently not getting." |
Reporting from the state Capitol, I'm Wes Duplantier. Newsradio 1120. KMOX.
Intro: |
People who owe thousands in back taxes could soon be getting some help from lawmakers in the state Capitol |
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RunTime: | 0:44 |
OutCue: | SOC |
Wrap: Under a plan called "tax amnesty," people with back taxes could get a break on interest and penalties if they pay the taxes by October. If it passes the legislature, the amnesty proposal could bring the state an extra $75 million next year.
But the bill's sponsor, Republican Representative Tom Flanigan, says people who owe taxes will have to follow some rules to get out of paying the penalties.
Actuality: | FLANTAX.WAV |
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Run Time: | 00:10 |
Description: "Once you're granted amnesty, you must remain in the system and pay your taxes for the following eight years or it all comes back on top of you. So, we're not actually just giving them something for nothing." |
The Seante Appropriations Committee has endorsed the plan and it's now headed to the full Senate for debate.
Reporting from the state Capitol, I'm Wes Duplantier. Newsradio 1120. KMOX.