Rex Sinquefield gives $1.5M to ‘Grow Missouri’ effort to cut income tax

Retired investment executive Rex Sinquefield has given an additional $1.5 million to a political group that has backed efforts to cut Missouri’s income tax.

Grow Missouri Treasurer Aaron Willard says the latest donation from Sinquefield will help the group develop a new round of issues to support now that the Republican-led Legislature has enacted an income tax cut.

Sinquefield contributed about $1.8 million to Grow Missouri last year.

Willard says Grow Missouri may help support a Sinquefield-backed ballot measure limiting teacher tenure and basing teacher employment on student achievement.

He says the group may also support a ballot measure establishing a right to farm, as well as future issues focused on making government more efficient and improving the state’s economy.

This story was originally published May 14, 2014 at 6:55 AM with the headline "Rex Sinquefield gives $1.5M to ‘Grow Missouri’ effort to cut income tax."