Straight Talk from Steve
April 7, 2021
Last week my priority bill for this year was voted out of committee. The Revenue Committee voted 6-2 to advance LR11CA to General File. LR11CA is my resolution for a constitutional amendment to repeal the State income tax, the State sales tax, the property tax, and the inheritance tax, and to replace all of these taxes with a consumption tax.
The consumption tax would tax all services and new goods. Used goods would never be taxed. The consumption tax only taxes an item once, then it is yours to keep.
In January of this year the Beacon Hill Institute ran the numbers for me and determi...