Blunt pitches tax cuts to create jobs

April 20, 2004
By: Cliff Judy
State Capital Bureau
While Missouri Gov. Bob Holden has proposed several new taxes, his Republican competitor, Matt Blunt, says he wants to abolish a Missouri business tax. Cliff Judy has the story from Jefferson City. Story:
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Secretary of State Matt Blunt told a group of Jefferson City business owners that cutting taxes will create jobs in Missouri.

Blunt says he plans to make moves to help small businesses.

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Contents: Blunt says, "Well, one of the taxes I called for the elimination of was the franchise tax, which I think is onerous and outdated and is something that keeps us from being as competitive as we should be with other states."

The Missouri franchise tax only applies to businesses with at or above $1,000,000 in assets within the state. From the state Capitol, I'm Cliff Judy.

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Missouri Governor Bob Holden's campaign responded to possible business tax cuts proposed by his opponent, Matt Blunt. Cliff Judy is in Jefferson City with the story.

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While Governor Bob Holden has proposed several new taxes, his competitor, Matt Blunt, told a group of Jefferson City business owners he wanted to repeal the Missouri franchise tax on businesses.

One of Holden's campaign spokespersons, Caleb Weaver, says Blunt's comments aren't surprising.

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Contents: Weaver says, "It sounds to me like he's throwing out some of the same, tired, old ideas that the Republican General Assembly has been trying to get passed the past couple of years."

The Missouri franchise tax applies to businesses with at least $1,000,000 in assets within the state. From the state Capitol, I'm Cliff Judy.

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