States tapping historic surpluses for tax cuts and rebates
JEFFERSON CITY, Mo. (AP) — Stoked by the largest surplus in state history, Missouri’s Republican-led Legislature devised a $500 million plan to send one-time tax refunds to millions of households. In a shock to some, GOP Gov. Mike Parson vetoed it. Parson’s objection: He wanted a bigger, longer-lasting tax cut. “Now is the time for …
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