Gov. Greitens promotes tax cuts in MO - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Gov. Greitens promotes tax cuts in MO

(Source: KFVS) (Source: KFVS)
MISSOURI (KFVS) -

Missouri Governor Eric Greitens will hold events across the state next week to promote tax cuts for working families.

The governor spoke at Signature Packaging in Jackson, Missouri.

One thing on the mind in southeast Missouri is the recent cut in funding for Southeast Missouri State University.
Governor Greitens says it was a tough decision to make, but it came with some outside help.

“We work with outside folks who came in to take a look at our university system and one of the things that they found was in the University Of Missouri system alone, they identified 70 million dollars in administrative costs that could be cut,” said Greitens. “So, we're actually very confident that our university administration can cut that administrative overhead>”

The governors proposed budget also increases funding for K-12 schools.

In a press release, the office said the plan will cut taxes 97% for working families and lower taxes for businesses to create more jobs. Gov. Greitens’ plan will give Missouri the second lowest corporate income tax rate in the country.

Grietens said he is getting rid of 33,000 regulations in Missouri.

“We welcome Gov. Greitens to Jackson to share his tax plan for our state’s hardworking citizens," Brian Gerau, Director of the Jackson Chamber of Commerce said. "This is a great first step towards bringing jobs and economic development to small Missouri communities like ours.”

He answered budget questions on Facebook at 5:15 p.m. on Thursday, January 25.

In the post on his Facebook page before the live video, the governor solicited questions and said, "It's your money, you deserve to know how it's being used."

On Jan. 22, the governor announced his 2019 fiscal year budget recommendations. You can click here to read more.

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