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Nicole Galloway on Corporations

 

 


End Missouri's Big Business Bonus: no bonus for early taxes

Missourians deserve a level playing field when it comes to the taxes they pay. They're rightly upset by the thought that the system is being rigged in someone else's favor.

Individual taxpayers know that if you're late paying your taxes, you'll pay penalties and interest. There's no bonus for meeting the deadline.

Which brings us to what I'd like to call "Missouri's Big Business Bonus." Businesses in Missouri--including the state's largest retailers--pocketed about $124 million in fiscal year 2018 and $120 million in fiscal year 2017--just for turning in the sales taxes they owe on time. Not early, mind you, but by the legal deadline. Those are sales and use taxes that you as a customer paid, but the business got to keep, merely because they paid their taxes on time. Missouri is one of 28 states that offer this break to retailers, but our state's discount for timely payments is the second-most generous in the nation.

Source: Columbia Daily Tribune OpEd in 2020 Missouri Governor race , Aug 24, 2019

Other governors on Corporations: Nicole Galloway on other issues:
MO Gubernatorial:
Chris Koster
Eric Greitens
Jim Neely
Mike Parson
Peter Kinder
MO Senatorial:
Angelica Earl
Austin Petersen
Claire McCaskill
Jason Kander
Josh Hawley
Roy Blunt
Tony Monetti

Gubernatorial Debates 2019:
KY:
Bevin(R) vs.Goforth(R,lost primary) vs.Adkins(D,lost primary) vs.Beshear(D) vs.Edelen(D,lost primary)
LA:
Edwards(D) vs.Rispone(R) vs.Abraham(R) vs.Kennedy(R,declined)
MS:
Bryant(R,retiring) vs.Foster(R) vs.Hood(D) vs.Reeves(R) vs.Waller(R)

Gubernatorial Debates 2021:
NJ:
Murphy(D) vs.Ciattarelli(R)
VA:
Northam(D,term-limited) vs.Herring(D)

Gubernatorial Debates 2020:
DE: vs.Carney(incumbent) - no challengers yet
IN: vs.Holcomb(incumbent) vs.Melton(D) vs.Woody Myers(D)
MO: Parson(incumbent) vs.Nicole Galloway(D) vs.Jim Neely(R)
MT: Bullock(retiring) vs.Fox(R) vs.Perry(R) vs.Gianforte(R) vs.Stapleton(R) vs.Olszewski(R) vs.Neill(D) vs.Schreiner(D)
NC: Cooper(incumbent) vs.Forest(R) vs.Holly Grange(R)
ND: Burgum(incumbent) vs.Michael Coachman(R)
NH: Sununu(incumbent) vs.Volinksy(D) vs.Dan Feltes(D)
PR: Rossello(D) vs.Wanda Vazquez Garced(D)
UT: Herbert(retiring) vs.Huntsman(R) vs.Cox(R) vs.Jeff Burningham(R)
VT: Scott(incumbent) vs.Rebecca Holcombe(D)
WA: Inslee(incumbent) vs.Bryant(R) vs.Fortunato(R)
WV: Justice(incumbent) vs.Folk(R) vs.Thrasher(R) vs.Vanover(D) vs.Smith(D) vs.Ron Stollings(D)
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Page last updated: Dec 25, 2019