Former deputy Mo. auditor says cost estimates for tax initiatives insufficient

Thursday, March 22, 2012 | 6:49 p.m. CDT

JEFFERSON CITY — A former deputy Missouri auditor has testified that cost estimates for tax initiatives proposed for this year's ballot are insufficient.

Chuck Pierce testified Thursday in Cole County court about proposed constitutional amendments that would phase out Missouri's income tax and implement a broader sales tax. Testimony focused on financial estimates, including a statement that would appear on the ballot saying the initiatives could boost state revenue by $300 million or cost $1.5 billion.

Pierce says the overall effect on state revenue cannot be predicted. He suggests stating the initiatives would eliminate $7.5 billion in revenue and allow future legislative action to set tax rates.

An official in the auditor's office responsible for the estimate says that suggested phrasing could sound biased.

Multiple versions of the tax measures have been proposed.


Like what you see here? Become a member.

Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.