Missouri Kept Overpaid Sales Taxes
By DAVID A. LIEB
forbes.com
Former longtime Sen. Wayne Goode, a state financial expert who then was the ranking minority member on the Senate Appropriations Committee, said Wednesday that he also was unaware that the state had stopped notifying business of overpaid sales taxes.
But “with the downturn in revenue, and how desperately the Holden administration was trying to hold things together, I can see how that could have happened and probably did,” said Goode, who now is on the board of directors for the Consumers Council of Missouri.
Most distressing for Goode and other consumer advocates is that very little, if any, of the sales tax refunds are likely to make it into the wallets and purses of Missouri shoppers.
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