Thursday, January 26, 2012

Let Voters Decide committee

A group pushing to replace Missouri's income tax with a broader sales tax says it's received a million-dollar contribution.









The committee Let Voters Decide said Thursday that businessman Rex Sinquefield has donated more than $1.2 million to its effort. It's the second big donation from Sinquefield, who contributed $1.3 million last fall. Let Voters Decide is working to put the proposal to a statewide vote in November. It also supports similar measures in the state Legislature. The group's president, says abolishing the income tax in favor of a broader sales tax would help improve Missouri's economy. Opponents contend the change would cut state revenue and hurt middle-class and low-income residents.

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