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Credit Rating Agencies Express Concern Over Missouri Income Tax Bill

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Credit rating agencies warn that allowing a Missouri income tax bill to become law could have a negative impact on the state's credit rating.

“We believe that if the Missouri legislature overrides the governor’s veto and enacts the legislation, and the federal government passes the Marketplace Fairness Act, it has the potential to result in a significant financial impact to the state, despite requirements for the maintenance of a balanced budget," Standard & Poor's wrote.


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