THE ARKANSAS ANSWER—A STATE VERSION OF THE FAIRTAX
This week’s Chairman’s Report is written by Chad Hagen. Chad is on the AFFT Advisory Board and is working with others to eliminate the income tax in Georgia and replace it with a state version of the FAIRtax.
Sarah Huckabee Sanders is the governor of Arkansas and daughter of Mike Huckabee who is on the AFFT Advisory Committee and who ran for President promising to enact the FAIRtax.
Governor Sanders recently came on Fox News to discuss phasing out her state's income tax. Obviously, the way to do this without getting opposition from those who claim that a sales tax is regressive is the FAIRtax.
A state version of the FAIRtax would exclude the first $40,000 of spending from the state FAIRtax for a family of four. Anything spent more than $40,000 on new retail items will be subject to the state FAIRtax.
Phasing out income tax makes for a compelling argument to introduce a consumption tax, or as we call it, the Fair Tax! Here are some of her points:
Sarah Huckabee Sanders is the governor of Arkansas and daughter of Mike Huckabee who is on the AFFT Advisory Committee and who ran for President promising to enact the FAIRtax.
Governor Sanders recently came on Fox News to discuss phasing out her state's income tax. Obviously, the way to do this without getting opposition from those who claim that a sales tax is regressive is the FAIRtax.
A state version of the FAIRtax would exclude the first $40,000 of spending from the state FAIRtax for a family of four. Anything spent more than $40,000 on new retail items will be subject to the state FAIRtax.
Phasing out income tax makes for a compelling argument to introduce a consumption tax, or as we call it, the Fair Tax! Here are some of her points:
- She entered office promising to responsibly phase out our state income tax. That's why I’ve already worked with our legislature to cut taxes twice during my first year in office, returning more than $300 million to taxpayers.
- 1.1 million Arkansans will benefit from these tax cuts — the majority of taxpayers in our state.
- Arkansas’ economy is at a crossroads. On the one hand, thanks to our pro-growth policies, more Arkansans are working than ever before, our population and economy are growing, and the credit rating agency S&P just upgraded Arkansas’ outlook from "stable" to "positive" — one of only six states to receive that rating.
- Our state borders Tennessee and Texas — zero income tax states — and hemorrhaged families and businesses to those competitors. Today, the reverse is true: of the Southern states that levy an income tax, Arkansas has the lowest.
Governor Sanders knows that even though Arkansas is much more competitive now, it still loses some business to neighboring states without a state income tax.
Governor Sanders also knows that freeing the citizens of her state from the income tax also provides them the freedom to determine how much tax they pay to their state by how much they spend.
This goes a long way toward making Arkansas residents free citizens and not subjects made to pay the state income tax based on what they earn and punished if they earn more.
CONCLUSION
Governor Sanders also knows that other governors are waking up to the damage caused by state level income taxes. In 2023, 14 states reduced state income tax rates. In 2024, 17 more states are reducing individual and/or corporate income tax rates.
The race toward making their states competitive is on and 31 states have responded.
One of the main benefits of this race to reduce or eliminate their state income taxes is personal freedom from the detested state income tax.
If it works so well for the states, think how much more competitive the U.S. will be when we replace the income/payroll tax with the FAIRtax?
Also, we return freedom to all of the citizens in the U.S., even to those who live in states that don’t believe in providing freedom to their citizens.
Governor Sanders also knows that freeing the citizens of her state from the income tax also provides them the freedom to determine how much tax they pay to their state by how much they spend.
This goes a long way toward making Arkansas residents free citizens and not subjects made to pay the state income tax based on what they earn and punished if they earn more.
CONCLUSION
Governor Sanders also knows that other governors are waking up to the damage caused by state level income taxes. In 2023, 14 states reduced state income tax rates. In 2024, 17 more states are reducing individual and/or corporate income tax rates.
The race toward making their states competitive is on and 31 states have responded.
One of the main benefits of this race to reduce or eliminate their state income taxes is personal freedom from the detested state income tax.
If it works so well for the states, think how much more competitive the U.S. will be when we replace the income/payroll tax with the FAIRtax?
Also, we return freedom to all of the citizens in the U.S., even to those who live in states that don’t believe in providing freedom to their citizens.
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?
There is going to be a vote on the FAIRtax in the House of Representatives.
We now have the opportunity to force all Members of the House to show where they stand. They can:
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.
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?
There is going to be a vote on the FAIRtax in the House of Representatives.
We now have the opportunity to force all Members of the House to show where they stand. They can:
- Vote for the present income/payroll tax system or for the FAIRtax.
- Support the corrupt income tax and the IRS or eliminate it. It can’t be any simpler than that.
- Hide the true cost of their government or pass the FAIRtax and show everyone the true cost of government on each retail receipt.
- Support the largest transfer of power from government to the people, the FAIRtax, or not.
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.