Missouri House Backs Plan to Replace Income Tax with Expanded Sales Ta

​The following data is from an article in the Missouri Independent.

The article pointed out:

• The Missouri House passed and sent to the Missouri State Senate a proposed constitutional amendment that would give lawmakers broad authority to expand the state sales tax and use the revenue to eliminate the income tax.
• State Rep. Bishop Davidson, a Republican from Republic who presented the tax plan to the House on Monday, called the income tax — which generates about 65% of the state’s annual general revenue — “the least fair tax” that undermines economic growth. 
• “When we tax income,” Davidson said, “we tax productivity. We tax creativity.”
• The proposed amendment provides:
• • For each additional $20 million in revenue over the base year of fiscal year 2025, the top rate would be cut by 0.01 percentage points, with a cap of a 1.6 percentage point reduction in the top rate in any given year.
• To achieve the maximum reduction in a single year, revenue would have to grow by $3.2 billion from the expanded sales tax base.
• The state income tax would be eliminated when those reductions combine to lower the top rate to 1.4%.
• Lawmakers will have three years to expand the sales tax to “all goods and services” and eliminate exemptions to raise enough revenue to replace the income tax without having to seek another statewide vote. 
• Republicans pointed to states like Florida, Texas and Tennessee, which are growing faster than Missouri and have no income tax. 
• State Rep. George Hruza, a Republican from Huntleigh, said replacing the income tax with an expanded sales tax would lead to job growth, economic investment and population growth. And it would be, he said, a much more fair system. 
• “Unlike the income tax,” he said, “people can choose when they pay the sales tax.
• “I imagine a life where they’re able to aspire to purchase their own home, a life where they’re able to have children without wondering if they can financially afford it,” he said.
• “A life in which they’re able to raise those children in a loving environment, one in which they’re provided for a life that they can put some money aside for retirement.”

CONCLUSION

State legislators in Missouri are looking at Tennessee and other states without a state income tax and seeing their economic expansion.  They understand that the state income tax is a disincentive for people and businesses to come to Missouri.

There is a growing understanding in our country that for too long we have been burdened by the income tax at both the state and national level. 

People are seeking more freedom to make their own decisions and one of those decisions is how much tax they pay.  In addition, a sales tax is visible and not hidden like the income tax.

The way to make a state and a nation more competitive, productive and freer is to eliminate the income tax.

One way to improve the Missouri plan is to implement the “prebate” included in the Alabama and Georgia state FAIRtax legislation.  The prebate allows lower income residents to pay no state sales tax up to the poverty level for their family size.

This eliminates any attempt to attack the plan as “regressive.”

THE FAIRTAX IS THE ANSWER. 

The FAIRtax is a national retail sales tax on new retail goods and retail services which provides a family credit so that all purchases up to the poverty level for each family are not taxed. There is no withholding from your paycheck, and YOU NEVER HAVE TO FILE A TAX RETURN TELLING THE GOVERNMENT HOW MUCH YOU EARNED AND HOW MUCH YOU SPENT, AND YOU’LL NEVER BE HARASSED BY THE IRS EVER AGAIN.

Many of you have labored tirelessly for freedom from the federal income tax and the IRS.  You deserve a great deal of credit for your efforts to educate the American people on the need to fund the American government in a way that is good for America and returns freedom to the American people.

It is imperative, though, that we don’t replace the current income tax and the IRS with an alternative system that can still be manipulated by the Ruling Elite.  We must let Congress and the President know that the best way to replace the income tax and the IRS is with the FAIRtax. 

Make no mistake about it.  The FAIRtax is a grave threat to the Ruling Elites.  It will strip them of their power and their ability to control us though the tax system.  Their opposition to the FAIRtax will be fierce and unrelenting.  And don’t think for an instant that they won’t use half-truths, deception and downright lies in their desperate attempt to hang on to their power. 

However, with the support of this President, we can finally eliminate the income tax and the IRS!!!

Of course, the best course of action is to not only repeal the income tax and abolish the IRS but to repeal the 16^th Amendment as well so no future administration can ever shackle the American people with an income tax again.

We must come together and ensure that real tax reform, the FAIRtax, is not subverted by the Elites in D.C.

This will take the diligent efforts of all of us.  We need your financial assistance, and we need your grass roots assistance.

If you have contacts that will allow us to get more information to President Trump about the FAIRtax please let us know.

Please email us at info@fairtax.org and we will give you some options on how you can best help us. 

At a minimum, please call your Congressional representative and ask if he or she supports the FAIRtax.  If so, thank him/her for their support and suggest they become a cosponsor of HR-25 if they’re not one already.  If not, ask why not.  If your representative claims to be unfamiliar with the FAIRtax, offer to have someone come to their office and explain it to them. 

Please go to this link to invest in AFFT and help us pass the FAIRtax.  It’s an investment in your and your family’s future. 

THE SOLUTION—PASS THE FAIRTAX!

Why would D.C. pass the FAIRtax and give up this almost unlimited source of donations?  The only way that they will is if the rest of us demand it!
  
Isn’t it time to end this ludicrous tax collection system and the IRS?

HELP BRING ABOUT REAL TAX REFORM AND STOP FUTURE IRS ABUSES

By contributing (investing) $10.40 per month, you help provide a financial base to AFFT.  If you can make larger contributions (investments), these will be used not for salaries, as we are all volunteers, but for the needed updates to our economic studies which will be vital for all future years.
 
Please go to this link to invest in AFFT and help us pass the FAIRtax.  It’s an investment in your and your family’s future.