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JEFFERSON CITY, Mo. (AP) - Two alternative plans are expected to emerge from a Missouri House committee that has been looking at potential income tax cuts.
 
The House Ways and Means Committee is expected to vote Tuesday evening on the legislation.
 
One plan would gradually reduce Missouri's top individual income tax rate from 6 percent to 5.3 percent. It also would phase in a 50 percent deduction for business income reported on individual tax returns. And it would increase the current tax deduction for lower-income individuals.
 
The other plan targets only businesses. It includes a similar business income deduction, as well as a gradual 50 percent reduction in Missouri's corporate income tax rate.
 
Gov. Jay Nixon vetoed an income tax cut last year and has again emphasized concerns about the effect on education funding.
Tuesday, 28 January 2014 16:21
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A note for drivers in the Brentwood area today and tonight.

 

A broken water main has shut down one lane of Eager Road in each direction between Hanley Road and I-170. The closures will stay in place through rush hour tonight. The affected area handles around 25,000 vehicles a day. Drivers are encouraged to find an alternate route.

 

The road is expected to be open by Wednesday morning rush.

Tuesday, 28 January 2014 15:39
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St. Louis police are investigating the city's fourteenth homicide of the year.

 

Officers say 21-year-old Erick Burney was walking in the 1500 block of Montgomery in North St. Louis on Monday afternoon, when a driver pulled up alongside him. Investigators say someone inside the car started shooting. Burney was hit multiple times and died at the hospital.

 

No information on a suspect has been released.

Tuesday, 28 January 2014 14:50
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SPRINGFIELD, Ill. (AP) - Illinois labor unions have filed a lawsuit seeking a new plan to reduce the state's $100 billion pension shortfall declared unconstitutional.
 
The We Are One Illinois Coalition of public employee unions filed the lawsuit Tuesday in Sangamon County Circuit court.
 
The long-anticipated legal challenge comes weeks after Gov. Pat Quinn signed the measure into law and ahead of his annual State of the State address.
 
The bill approved by the Legislature in early December saves an estimated $160 billion, largely by cutting benefits for employees and retirees.
 
Unions say it violates the state constitution, which says benefits may not be diminished. Several other lawsuits have been filed on behalf of retirees.
 
Supporters of the plan believe the Court will uphold it because it's necessary to repair the state's finances.
Tuesday, 28 January 2014 14:48
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