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Quote of the Day: Spence: “I Played By The Rules”

April 4th, 2012 by mopns · No Comments

Governor Nixon’s opposition research team is in full overdrive. Last week it was Reliance Bank and TARP funds, this week it’s personal and business taxes. Here’s an excerpt from today’s KC Star article from Steve Kraske.

Examples of Spence’s tax problems:

  • In June 1995, the state of Missouri sued Alpha Packaging for unpaid manufacturers’ taxes and personal property taxes totaling $10,071. The court dismissed the case the next month. Craighead did not know whether the case was dismissed because the taxes were paid.
  • In 2003 and 2009, Alpha Packaging was late in paying business personal property taxes in St. Louis County and was assessed interest and penalties. The 2003 taxes were paid on June 15, 2004, and included $63 in interest and $14 in penalties. The 2009 taxes were paid on Dec. 29, 2010, and included $42 in interest and $5 in penalties.

Craighead said Alpha Packaging had no record of interest or penalties paid in 2003. In 2009, Alpha failed to include one truck/tractor on its property tax declaration. Craighead called it an oversight.

  • In 2007, Spence and his wife were penalized $1,609 for past-due property taxes on their St. Louis County home, which campaign officials did not dispute.
  • In 2007, Spence and his wife were about six months late in paying taxes on their three vehicles and wound up paying $86 in interest and $16 in penalties. Craighead said confusion over whether Missouri taxes applied to a vehicle brought to the state from Utah caused the problem. “They were under the impression they did not have to pay it because it came from Utah,” he said.
  • Alpha Packaging went more than three years — 2007 to part of 2010 — without paying a “local business tax” on a Jacksonville, Fla., plant. Craighead said the company discovered the issue itself and paid the tax.
  • In 2007, a lien was filed against one of Spence’s businesses, Big Sky Properties, for more than $280,000 in unpaid bills related to building improvements. Craighead said a tenant was responsible for making the payments for the improvements, and the contractor filed a mechanic’s lien on the property. Spence wound up making the payments and was later reimbursed by the tenant.
  • Big Sky Properties paid more than $23,000 in penalties and interest for late St. Louis County property taxes in 2008 and 2009. Craighead explained that “the renter (of the property) did not pay the taxes he was obligated to pay under the lease, and Dave had to step in and pay the taxes and was reimbursed.” Read more…

Related:

Political Fix: While defending bank role, Spence gives campaign $250,000 stimulus

Video: Randles: “I’m tired of people who can’t manage their own business… telling us how to run our business.”

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