Sept. 11, 2008                                                                                                  Volume 4,  Number 36

In This Issue

  • Takin’ Care of Business
  • Tour of Missouri
  • Politics and Moms
  • A Little Bit of Humor…

 

Contact Me

Representative

Cynthia Davis
19th District

Majority Floor Whip

Missouri State Capitol Room 112
201 W. Capitol Ave.

Jefferson City, MO 65101


Phone:  573-751-9768


Website

http://www.cynthiadavis.net/

 

E-Mail cynthia.davis@house.mo.gov

Committees

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Takin’ Care of Business

 

Here is the definition of an economist:

 

Dictionary.com Unabridged (v 1.1) -

e·con·o·mist:  1. A specialist in economics.  2.  A thrifty or frugal person.

 

According to dictionary.com, I am an economist.  You don’t have to be an economist to be a state representative, but it sure does help.  Owning my own business helps also.  The retailers are the first to know when the economy is going well or when it is struggling.  I can feel a difference in my business when the gas prices go up as well as when they go down.

 

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People are also sensitive to sales tax.  Some of the newer shopping plazas in our area have an additional layer of tax placed on sales for several years into the future.  You might call this planned blight.  Some people are aware of the taxes added to their purchases and will not shop at stores where they are charged higher sales tax rates than what is standard in our area.

 

When I was on the O’Fallon Board of Aldermen, we debated adding a transient tax to motel rooms.  The mayor said people wouldn’t notice.  I said they would.  Even though the tax passed without my support, I have the satisfaction of knowing that I did all I could to make O’Fallon a place where people could sleep without feeling gouged by taxes.  Governments tend to have an insatiable appetite for more money.  We can all learn to live on less unless you are funded by taxpayers. 

 

Some people think it is okay to tax businesses because they believe that business can pass the costs on to the consumer.  However, local taxes have been a big part of fueling the increases of internet purchasing because people usually don’t have to pay sales tax if they acquire goods from other states.  This creates a perverse incentive for people to send their dollars out of Missouri, thus making a tilted playing field.   The principle that holds true in every area of business is this: the lower the taxes, the more of our own prosperity we can enjoy.

 

The reason we have lost so many manufacturing jobs to foreign countries is directly related to our tax structure.  Manufacturing companies discovered they can save on real estate taxes, equipment taxes, and payroll taxes if they manufacture goods in other countries.  Businesses are being financially rewarded for not keeping jobs in our country.  The blame rests on the philosophical proponents of greater taxation.

 

While looking for humor for the Capitol Report, I came across this:

Joe Average started the day early having set his alarm clock (MADE IN JAPAN) for 6 a.m. While his coffee pot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA).

After cooking his breakfast in his new electric skillet (MADE IN INDIA) he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car (MADE IN GERMANY) and continued his search for a good paying AMERICAN JOB. At the end of yet another discouraging and fruitless day, Joe decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered why he can't find a good paying job in.....AMERICA..... 

It grieves me whenever a constituent tells me of losing a job.  However, the state legislature can work to make it easier to operate a business in Missouri.

 

Here is a list of legislation I have sponsored or cosponsored to help define our public policies in ways that will increase our jobs and benefit our economy:

 

2003

HJR15
Proposes a constitutional amendment exempting from taxation personal property of businesses with a value of $5,000 or less.

HB235
Exempts self-employed business owners from unemployment tax.

2004

HJR49
Proposes a constitutional amendment establishing an appropriations growth limit.

 

2005

HB697
Changes the laws regarding motor vehicle emissions testing

 

2006

HB1063
Changes from two to five years the cycle for determining the assessed valuation of real property for the purpose of real property taxation and limits assessment increases

HJR48
Proposes a constitutional amendment establishing limits on total state general revenue appropriations

 

2007

HB817
Establishes the Uninsured Patients Protection Act which prohibits hospitals from charging a patient who is not eligible for assistance and is uninsured more than the federal Medicare reimbursement rate

HB989
Changes the laws regarding certain unsecured loans, commonly known as payday loans

HJR8
Proposes a constitutional amendment prohibiting an increase in real property taxes above the previous year's federal Consumer Price Index increase

HB621
Allows full deductibility from state income tax of all federal income tax liability

HB1083
Requires a municipality wishing to implement a tax increment financing project within the boundaries of another taxing district to obtain the approval of the governing body of each sales taxing entity

HJR24
Proposes a constitutional amendment replacing property tax with an alternative tax structure

 

2008

HB1644
Authorizes the phasing in of full deductibility of all federal income liability for corporations and a gradual reduction in the annual corporate income tax rate and establishes a motor fuel tax holiday

HB1645
Allows full deductibility from state income tax of all federal income tax liability without a reduction for tax credits claimed

HB1955
Exempts all sales of eyeglasses from state and local sales and use tax

HB2112
Establishes the Fair Tax Act of 2008 which requires the Department of Revenue to develop methods for replacing the state income tax with a state sales tax

HB2290
Exempts any advance refund amount received from the federal Economic Stimulus Act of 2008 from the Missouri individual income tax

HJR41
Proposes a constitutional amendment prohibiting state courts from levying or imposing new or increased taxes, licenses, or fees without legislative or voter approval

 

As you can see, I have been very busy trying to do my part.  Some of our difficulties in getting good legislation passed stems from an incorrect understanding of how to really help ourselves make new jobs and support policies that will allow businesses to stay in Missouri and thrive here.  Most of the business owners in our district tell me they only want government to leave them alone.  A community is like a garden.  Government creates the defining edges and businesses are the plants.  With the right conditions, the plants will grow and we will all enjoy the produce.

 

Your thoughts are important to me, so please let me know what you think about jobs and taxes.  You can send me your opinion by clicking hereCynthia Davis.

 

 

Bicycle Race Rolls

 Through O’Fallon

 

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On September 13, the Tour of Missouri will roll through O’Fallon.  The Tour is the only sporting event that comes to you, and you can be a frontline spectator along the route for free.  Depending on the speed of the race, riders are expected to enter O’Fallon from 2:50 p.m. to 3:30 p.m.  For the specific route and estimated time of arrival, click here:  Stage 6 Course Log.  The stage will finish on the banks of the Missouri River in historic St. Charles.

 

The Tour of Missouri is a world-class event, featuring four of the top ten cycling teams in the world and some of the world’s top cyclists.  It is the third most important bicycling race in the United States.  Last year, George Hincapie, an American rider, took first place, and he’ll try to do it again this year.  The inaugural tour generated an estimated $26.2 million in new tourism dollars for the state, as an estimated 367,566 people lined Missouri’s streets and roads to watch the race.

 

For more information, go to http://www.tourofmissouri.com/

 

 

I’m Standing Up for Moms

 

 

Rep. Cynthia Davis (R-O'Fallon).

 

In case you missed it last week, KSDK Channel 5 News interviewed me to discuss if mothers could make suitable elected officials.  Click here to view the video:  KSDK Video

 

 

 

A Little Bit of Humor…

 

 

A write-in candidate for president is proposing:

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1.       We immediately go into a two-year isolationist posture to straighten out the country's attitude.  NO imports, no exports. We will use the “Wal-Mart” policy, “If we ain't got it, you don't need it.”

2.     One export will be allowed; Wheat. The world needs to eat.  A bushel of wheat will be the exact price of a barrel of oil.

3.     Social security will immediately return to its original state.  If you didn't put nuttin in, you ain't gettin nuttin out.  Neither the president nor any other politician will be able to touch it.

4.     Welfare; Checks will be handed out on Fridays at the end of the 40-hour school week and the successful completion of urinalysis and a passing grade.

5.     All foreign aid using American taxpayer money will
immediately cease, and the saved money will pay off the national debt and ultimately lower taxes.  When disasters occur around the world, we'll ask the American people if they want to donate to a disaster fund, and each citizen can make a personal decision of whether it's a worthy cause.

 

 

This Capitol Report is a weekly newsletter by Representative Cynthia Davis, from the 19th District, covering events in the Missouri Legislature and district-wide issues. 

J  If you know of anyone else who would like to receive my Capitol Report, please send an e-mail to Cynthia.Davis@house.mo.gov with the person’s name and e-mail address.  We’ll add them to the list.

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