Require accountability for $500M in business tax credits
Jay will demand accountability from businesses receiving Missouri tax credits. This year, the state issued more than $500 million in tax credits. Some of those credits went to programs determined to be ineffective or inefficient.
The current system lacks focus and accountability. Jay Nixon will see that the state implements strong “clawback” provisions into every tax credit so that businesses live up to their promises and Missouri sees a return on its investment.
Source: Campaign website, www.nixonforgovernor.com, “Issues”
Nov 4, 2008
