EPISODE · Feb 2, 2024 · 5 MIN
The Way to Sell Elimination of the State Income Tax
from Chairman's Report · host The FAIRtax Guys
State governors know that reducing or even eliminating a state's income tax is the best way to attract new people and new businesses to the state. Unfortunately, many try to make up the lost revenue by increasing the state sales tax. That shifts the tax burden down to those on the lower end of the income scale and has led low income voters to oppose candidates who want to lower state income tax rates. Fortunately, there's a way to sell lower income tax rates to this constituency--a state level FAIRtax.
What this episode covers
State governors know that reducing or even eliminating a state's income tax is the best way to attract new people and new businesses to the state. Unfortunately, many try to make up the lost revenue by increasing the state sales tax. That shifts the tax burden down to those on the lower end of the income scale and has led low income voters to oppose candidates who want to lower state income tax rates. Fortunately, there's a way to sell lower income tax rates to this constituency--a state level FAIRtax.
NOW PLAYING
The Way to Sell Elimination of the State Income Tax
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.