No “stimulus check”: Is Missouri’s tax refund check plan dead?

Missouri governor blocks new tax refund checks – Missouri residents could lose a proposed tax refund plan aimed at mitigating the impact of rising food, gas and utility costs after Gov. Mike Parsons vetoed the legislation on Friday.

Governor Parson, a Republican, vetoed a total of four spending bills, including a tax refund plan that was overwhelmingly supported by state lawmakers on both sides of the aisle.

In his letter of veto explaining the legal reasoning for his decision to block the legislation, Governor Parson asserted that there would be no practical benefit to low-income or high-income Missouri residents who pay the most state income taxes.

“That is, those who pay the most state income taxes would have been excluded from receiving the credit,” the governor wrote, adding that the proposal does little to “ assist low-income individuals and families in the state, including those on fixed incomes such as the disabled, retirees, and Social Security recipients.

The governor’s decision was backed by the ranking Democrat on the Budget Committee, Rep. Peter Meredith, who said the proposal was “dumb and bad policy.”

Among his other vetoes, the governor blocked an $83 million provision for the Missouri State Highway Patrol Academy building, citing the extraordinarily high cost of the project. He also vetoed $144 million in various other credits.

What did lawmakers expect?

On Friday, the largest budget in Missouri state history passed with ease in the State House and the Senate. A total of $49 billion was at stake, with the new budget increasing spending on school transportation, providing financial aid to universities that would pay out more scholarships, and even setting aside $1 billion to increase payments to service providers. personal and medical care.

Missouri residents also received a total of $500 million in tax refunds.

While state lawmakers were unhappy with the speed with which appropriations bills were produced and then voted on, lawmakers seemed reasonably happy with the voting results.

State Representative Doug Richet, a Republican, said the process was unsatisfactory but he was happy with the results.

“Is this something that is going to put Missouri in a really good position for the next 40 to 50 years with some of these transformative projects? Yes,” the prosecution said.

Individual residents would have received stimulus checks worth up to $500, with married couples filing taxes together receiving checks for $1,000. All Missouri residents earning less than $150,000 a year individually and $300,000 married would have received the checks in the coming months.

If both houses of the state legislature hold an additional session to vote on the legislation again, the governor’s veto can be overridden by a two-thirds majority.

Jack Buckby is a British author, counter-extremism researcher and journalist based in New York. Reporting from the UK, Europe and the US, it strives to analyze and understand left and right radicalisation, and reports on Western government approaches to pressing issues of today. His books and research papers explore these themes and offer pragmatic solutions to our increasingly polarized society.

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