Black Listed News

Income Tax Could Be Eliminated By Many Republican-Controlled States

January 14, 2013
Share It | Print This

 

Source: Huffington Post

Hopes for overhauling the federal tax system are fading in Washington, but in some state capitals, tax reform experiments – some far-reaching – are fast taking shape.

Across the U.S. South and Midwest, Republicans have consolidated control of state legislatures and governorships, giving them the power to test long-debated tax ideas.

Louisiana Republican Governor Bobby Jindal, for instance, called on Thursday for ending the state’s income tax and corporate taxes, with sales taxes compensating for lost revenue.

A similar plan is being pushed by Republicans in North Carolina. Kansas, which cut its income tax significantly last year, may trim further. Oklahoma, which tried to cut income taxes last year, is expected to try again.

Read more


More Blacklisted News
Blacklisted Newsletter
Blacklisted Radio
On Twitter
On Facebook
The DoomCast
Podcasts on Demand
Podcasts on Spreaker
Podcasts on Youtube
Podcasts on iTunes
Podcasts on Stitcher
Podcasts on Tunein
Podcasts on Roku

Support Us
Donate Today!

Affiliates
Golden Eagle Coins
6 Dollar T-Shirts
GoldSilver.com
The Ready Store
Onnit Labs
Audible Audio Books
Amazon.com
Blue Host



BlackListed News CC 2006-2014