Mike Parson on Tax Reform



We passed the largest income tax cut in our state's history

In October, we concluded a historic special session with the passage of the largest income tax cut in our state's history. We cut the tax rate and simplified the tax code for all Missourians. This tax cut means that our administration will have cut Missourians' taxes three times and by 20 percent. Money that can help put gas in the car, food on the table, or saved for a rainy day. It means more money in our economy.
Source: 2023 State of the State Address to the Missouri legislature , Jan 18, 2023

Second tax cut: new low rate of 5.3%

You will be happy to hear that thanks to record economic performance. Missourians will receive an additional tax cut this year. The tax rate will be reduced to a new low of 5.3 percent, easing Missourians' tax burden yet again. Thanks to common sense, responsible spending, and working with the General Assembly, this will be the second time our administration has cut taxes for Missourians.
Source: 2022 State of the State Address to the Missouri legislature , Jan 19, 2022

For lower taxes, but online retailers hurt local business

I hope the House and Senate will consider legislation to address the unfair advantage online retailers have over small businesses in Missouri. I am a strong supporter of lower taxes--in fact, I have signed several tax cuts into law. However, our small businesses, especially in smaller communities, are getting crushed because they cannot compete with huge online retailers. We must level that playing field.
Source: 2021 State of the State Address to the Michigan legislature , Jan 27, 2021

Cut taxes in 2018 on top of significant 2014 tax cuts

Q: Support cuts in state taxes?

Mike Parson:Yes. Cut income taxes in 2018 on top of significant 2014 tax cuts.

Nicole Galloway: No. As auditor, said, "Years of tax cuts and giveaways" have put state in situation where "downturn will lead to big cuts in education, transportation and other services."

Source: CampusElect survey on 2020 Missouri Gubernatorial race , Nov 3, 2020

Wants legislative approval on big ticket tax expenditures

Mike is committed to fighting for smaller government and protecting Missouri taxpayers from wasteful spending. He sponsored a bill that would prevent future abuses like Governor Nixon's purchase of a $5.6 million plane without legislative approval. He was also the lead sponsor of the effort to prevent Governor Nixon from using bonds to finance new stadium construction without legislative approval.
Source: 2018 Missouri Gubernatorial campaign website MikeParson.com , Sep 18, 2018

Other governors on Tax Reform: Mike Parson on other issues:
Gubernatorial Debates 2023:
KY: Incumbent Andy Beshear(D)
vs.State A.G. Daniel Cameron(R)

vs.Ambassador Kelly Craft(R)
vs.State Auditor Mike Harmon(R)
LA: Incumbent John Bel Edwards(D,term-limited)
vs.Jeff Landry(R)
vs.Shawn Wilson(D)
vs.John Schroder(R)
vs.Sharon Hewitt(R)
MS: Incumbent Tate Reeves(R)
vs.Bill Waller(R,withdrew)
vs.Brandon Presley(D)

Gubernatorial Debates 2024:
DE: Gov. John Carney (D, term-limited);
vs. Lt. Gov. Bethany Hall-Long (D)
vs. Matt Meyer (D)
vs. State Rep.Mike Ramone (R)
IN: Gov. Eric Holcomb (R, term-limited);
vs. Sen. Mike Braun (R)
vs. Suzanne Crouch (R)
vs. Jennifer McCormick (D)
MO: Gov. Mike Parson (R, term-limited):
vs. Jay Ashcroft (R)
vs. Bill Eigel (R)
vs. Mike Kehoe (R)
vs. Crystal Quade (D)
MT: Gov. Greg Gianforte (R)
vs. Ryan Busse (D)
vs. Tanner Smith (R, lost June 4 primary)
Gubernatorial Debates 2024 (continued):
NC: Gov. Roy Cooper (D, term-limited);
vs. Mark Robinson (R)
vs. Josh Stein (D)
vs. Dale Folwell (R, lost March 5 primary)
vs. Michael Morgan (D, lost March 5 primary)
vs. Andy Wells (R,withdrew)
ND: Gov. Doug Burgum (R, retiring)
vs. State Rep. Rick Becker (R)
vs. U.S.Rep.Kelly Armstrong (R)
vs. State Sen.Merrill Piepkorn (D)
NH: Gov. Chris Sununu (R, retiring)
vs. Sen. Kelly Ayotte (R)
vs. Joyce Craig (D)
vs. Chuck Morse (R)
vs. Cinde Warmington (D)
UT: Gov. Spencer Cox (R)
vs. State Rep. Phil Lyman (R)
vs. Minority Leader Brian King (D)
VT: Gov. Phil Scott (R)
vs. Selectman Peter Duval (D)
vs. Commissioner Esther Charlestin (D)
WA: Gov. Jay Inslee (D, retiring);
vs. WA Attorney General Bob Ferguson (D)
vs. U.S.Rep.Dave Reichert (R)
vs. State Sen. Mark Mullet (D)
vs. County Chair Semi Bird (R)
vs. Hilary Franz (D, withdrew)
WV: Gov. Jim Justice (R, term-limited);
vs. WV Attorney General Patrick Morrisey (R)
vs. Huntington Mayor Steve Williams (D)
vs. WV State Auditor JB McCuskey (R, withdrew)
vs. WV Secretary of State Mac Warner (R, lost May 14 primary)
vs. State Del. Moore Capito (R, lost May 14 primary)
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