Introduced
by
To place before voters in the next general election a Constitutional amendment that would replace the state income tax, the Single Business Tax (or its successor), and property taxes levied on business tools and equipment (“personal property tax”) with a 9.5 percent sales tax on all goods and services. A monthly “prebate” of $70 per adult and $24 per child would be sent to every household, to reimburse the amount the tax collects on the purchase of basic necessities. The Joint Resolution makes just the Constitutional changes needed to accommodate the so-called “Fair Tax” plan, while the rest would be established through legislation.
Referred to the Committee on Tax Policy
