Missouri Delays Tax Refunds

I received this article from someone earlier in the week. I think all Missouri citizens ought to know about this one.

Missouri: State delays tax refunds, borrows cash

Due to the fact that revenues are decreasing the state has run into a bit of a financial pinch over the last month or so. I am so glad they have made sure that the public has been informed on this fact. According to the article dated April 6th the state had to borrow from it's cash reserves to pay bills and other things, like public employees and schools. It also mentions the fact that many state refunds are being delayed because of cash flow issues and the fact that the state downsized the workforce that processes tax refunds. I have never seen more of a need for a different approach to taxes than this. Call your state senator today and tell them to support HJR 36 a constitutional amendment replacing individual and corporate income tax and sales and use tax with a sales tax on retail sales of new tangible property and taxable services.