In MissouriNet today, an article notes there could be a new tax break for beef producers if Gov. Blunt signs the Quality Jobs Act into law:
"A $30 million beef tax credit is buried among a number of tax credits
and incentives included in the $100 million-plus economic development
bill, HB 327, Governor Blunt has yet to sign. Rep. Charlie Schlottach
(R-Owensville) says the credit will provide an incentive to fatten
calves here rather than sell them to out-of-state feedlots."
Instead of continuing giving tax breaks to dozens of business groups, how about just cutting taxes across the board to encourage economic growth. Would pork create more beef? I don’t think so!
