Employers deserve credit for early repayment of UI debt

Governor Jay Nixon announced this week that a debt to the federal government for unemployment benefits would be repaid about a year earlier than expected.  The governor’s statement is based on a projection by the Missouri Department of Labor using data from the U.S. Department of Labor.  AIM president Ray McCarty credits employers for this great new… Read More Employers deserve credit for early repayment of UI debt

Taxpayer protection bills heard in Senate Ways and Means Committee

Two bills designed to protect taxpayers from changing interpretations by Missouri sales and use tax collectors were heard in Senate committee this week. SB 584 would clarify the intent of the legislature in applying sales tax to fees paid in or to places of entertainment, recreation and amusement. “The Missouri Department of Revenue has changed their interpretation of… Read More Taxpayer protection bills heard in Senate Ways and Means Committee

Tax cut bills and other business friendly legislation moves forward in Missouri House

A Missouri House of Representatives committee this week sent two important tax cutting proposals a step closer to floor debate. The House Ways and Means Committee Tuesday voted “Do Pass” on House Bill 1253 and House Bill 1295. The two bills now move on to the powerful House Rules Committee where they will be heard… Read More Tax cut bills and other business friendly legislation moves forward in Missouri House

Insurance and tort reform bills receive hearings

On January 28, the Senate Small Business, Insurance and Industry Committee held a hearing on SB 617 sponsored by Sen. Rupp (R).  This bill establishes rights of insurer to present reservation of rights to insured without breaching insurance contract, to defend against loss prior to garnishment, and to refuse to enter contracts to limit recovery.  The sponsor… Read More Insurance and tort reform bills receive hearings

NAM: New study shows international software piracy hampering manufacturers in the U.S.

In a press release, the National Association of Manufacturers (1/30) released a study by Bill Kerr, associate professor at Harvard Business School, and Chad Moutray, Chief Economist for NAM, which found that unfair competition fueled by stolen software is a major drain on the manufacturing sector. Estimated losses between 2002 and 2012 totaled about $240 billion in… Read More NAM: New study shows international software piracy hampering manufacturers in the U.S.