Monday, February 12 at 6:30 PM – 8 PM El Bees 2 10402 S 144th St, Omaha, Nebraska 68138
Come hear financial advisor and candidate for Nebraska State Treasurer, Taylor Royal, discuss the impact of taxes on business and investments and why taxes should be paid only by consumers on discretionary purchases, which is how taxes would be paid with the FAIRtax.
6:30 Registration and dinner
Christian. Wife, Katie, teaches 2nd grade in Elkhorn. Living in Omaha, CPA and financial representative, he is a fiscal conservative, 100% pro-life, and believes in strong families. Taylor is pro 2nd Amendment; believes protecting our borders through a physical barrier and promoting legal immigration is vital to our country’s future, and believes that individuals work hard for their money. As taxpayers, they should get a good return from the money they send to Washington D.C. or Lincoln, Nebraska.
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.