Sue Gibson Profile picture
Aug 24 5 tweets 3 min read
Reality Check: Your tax cut scheme would reduce general revenue by over $950 MILLION per year. That’s almost 27% of #Missouri’s school funding formula. Besides schools, the state will struggle to fund public safety, healthcare, and other critical needs….
#MOLEG
Reality Check: One third of Missourians — older Missourians with fixed incomes and low wage earners with children — would get no tax break at all. The wealthiest 1% would average $6,024 and the lowest income Missourians would receive just $11. #moleg

Eleven. Dollars.
Reality Check: In #Missouri, families in the bottom fifth of income currently pay 9.9% of their earnings in state and local taxes, compared to 6.2% paid by the wealthiest 1%. #moleg
Reality Check: Your scheme won’t address recent increases in property taxes or higher sales taxes resulting from inflation, both of which have had disproportionate impacts on working families and seniors with fixed incomes. #moleg
Source: @MissouriBudget

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