House Tax Reform Committee Chairman Doug Funderburk (R-St. Charles) says "he and some other Republicans still have concerns about the financial impact" of Rex Sinquefield's mega sales tax hike proposal, but he and his fellow Republicans voted a legislative version (HJR8) of Rex's plan with an 8-4 vote today.
It's almost like Funderburk and his colleagues didn't really have the option of not passing the bill, even though they know it will cause enormous budget shortfalls.
Related:
- Independent Analysis: Sinquefield Sales Tax Plans Are "Fiscally Untenable...Pure Fantasy"
- Legislative Analysis Indicates Sinquefield Plan Is Far From Revenue Neutral
- Office of Budget and Planning: Sinquefield Sales Tax Hike Could Cost State $1B Per Year
- We Don't Need A "Great Experiment" To Know How Much A Big Sales Tax Hike Would Cost Missouri
- Post-Dispatch: Sinquefield Tax Proposals "Would Leave Missouri More Than $1.3 Billion Short" in FY10
- MO Catholic Conference Opposes Sinquefield Tax Hike: "Mega-Sales Tax Would Shift Tax Burden to Poor"
- Once a Strong Supporter of Sales Tax Hike, Kinder Now Refuses to Endorse Sinquefield Plan
- Mayer Says Senate Will Not Pass Sinquefield Sales Tax Hike This Year
- "Here’s the Bottom Line: 15 Percent. On Darn Near Everything. For a Pipe Dream."
- Ridgeway: Sinquefield's Mega Sales Tax Petitions Are Bad News
