Read the recent New York Times article about how states seem to want to move away from an income tax and increase their sales tax rates. The article seems to suggest that this philosophy has something to do with the idea of moving away from a tax on income, to a tax on consumption (similar to the broader idea of a federal consumption tax).
What do you think?
Should states eliminate their income tax structures and rely on a higher rate, broader base sales tax?
Will these proposals gain any traction and actually get passed?
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