Wrap: Advocates for both seniors and charities came out in force to oppose the mandate at the meeting of the Senate committee on Government oversight.

The amendment, if passed by voters, would eliminate Missouri's income tax and replace it with an across the board tax on goods and services.

Amy Bluin, Executive director of the Missouri Budget Project says people with fixed incomes are going to get short changed.

Proponents of the amendment say it will be more stable than the current income and property taxes and will provide real incentive for new or relocating businesses.

From the state capitol, I'm Alex Klingelhoeffer.

Wrap: Former Representative Edward Robb claims that Missouri's share of US corporate profits have dropped from a high of about 5 percent in 1992 to 1 point 5 percent this year.

Opponents of the measure which was heard in the senate committee on government oversight say that its sales tax only model will put more of the tax burdon on those who can least afford it.

 They add that it only helps those who save or invest large proportioins of their income

From the state capitol, I'm Alex Klingelhoeffer