The rationale differs markedly for the additional likely cuts in state funding for MU…
“Part of it is probably related to some people holding off on realizing income with the hope that the Congress will lower taxes given the new administration,” Fitzpatrick, R-Shell Knob, said.
Rep. Kip Kendrick, D-Columbia, said the shortfalls have more to do with special interest tax cuts. Corporate tax collections have fallen in Missouri, which Kendrick attributed to Senate Bill 19, according to previous Missourian reporting.
Read the Missourian article for full details.