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Missouri lawmakers have given final approval to an income tax cut for individuals and many business owners.

The vote Wednesday by the Republican-led House could set up a veto showdown with Democratic Gov. Jay Nixon.

Nixon rejected a tax cut last year and has voiced concerns that this year's measure could jeopardize funding for public schools and services.

The legislation would gradually cut Missouri's top individual income tax rate from 6 percent to 5.5 percent and phase in a new 25 percent deduction for business income reported on personal tax returns. The tax cuts would begin in 2017, but only if state revenues rise by at least $150 million.

The bill also would increase a tax deduction for low-income residents and adjust Missouri's tax brackets based on inflation.
Members of the Kappa Sigma Fraternity at MSSU are staying up around the clock for 48 hours at the corner of 7th and Duquesne to raise money for one of their philanthropies; Military Heroes. They're hoping to collect $2,500. Member Chad Williams tells News Talk KZRG about the organization.

"They support a lot, like the Fisher House. Fisher House builds houses next to military
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Senator Ron Richard (R-Joplin) talks about Right to Work and Tax Cut proposals.
Joplin's new Mayor, Michael Seibert, tells News Talk KZRG about his plans for the city.
Davis (R-Webb City) gives a recap of the week's activity at the Missouri House.
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Sports News
Bubba Watson won the Masters for the second time in three years on Sunday, beating Jordan Spieth and Jonas Blixt by three shots.
The New York Jets made one of the splashiest moves of the offseason, signing former Tennessee Titans running back Chris Johnson to a two-year deal worth up to $9 million, a league source told ESPN NFL Insider Adam Schefter.
Longtime Milwaukee Bucks owner Herb Kohl announced Wednesday that he has reached an agreement to sell the team to hedge-fund billionaires Wesley Edens and Marc Lasry. The deal is valued at $550 million, according to sources familiar with the transaction.
Yasiel Puig has received threats from the human traffickers who orchestrated his 2012 defection from Cuba to Mexico, according to an ESPN The Magazine investigation, which uncovers new details about Puig's harrowing escape from the island.
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