Please feel free to Like our new FaceBook page, NebraskansSupportingtheFairTax! Then look for additional posts and news. We started with a video from Kerry Bowers, who walks through the features every tax code should have and grades our current income tax code along with the FairTax – HR 25/S 13.
When I talk to people about the Fair Tax®, I ask them this question: Among three major forms of taxes – the property tax, income and related taxes (withholding, estate tax), and a consumption tax – which one respects our unalienable right to property? The property tax is pretty obvious – especially on non-income producing property like our residences. When we pay property tax to the state at the risk of losing our house to a tax sale, we really do not own it; we rent it from the government. How about income? Is not the income we earn our own property? If this is not so obvious, take a look at this classic article from the The Ludwig von Mises Institute.
We have been asked if the Fair Tax® concept can be applied at the state level. It most certainly can, and Nebraska Fair Tax ® has developed a proposal to replace Nebraska’s income tax and sales tax with strictly a consumption tax.
It would eliminate the state income tax and all its related taxes, including both the state withholding tax and the state inheritance tax. The details of the proposal may be found in this PDF file.
Until recently most activists considered the Fair Tax to be a national (Federal) issue. We now consider it to be a state level issue as well. Why? No better case can be made than this from David Barton and Rick Green as they interview Texas State Representative Phil King. Do other forms of taxes, like the property tax, violate our moral code? Just listen to this!