This year Sen. Erdman introduced two pieces of legislation:
A short description of each and a link to the actual legislation on Nebraska's legislative website may be found on our Documents Page.
We get questions and challenges to our Consumption Tax Plan, and we wonder where they come from. So, we are starting a regular feature to address these issues. The first one has to do with the proposed rate. We hear claims from various people speaking publicly that, in order to fully replace the revenues currently raised with five state and local taxes — the property tax, the state personal income tax, the state corporate income tax, the inheritance tax, and the state sales tax — Nebraska would have to impose a 10, 15, or even a 20% consumption tax!
Here are the facts:
Get out a calculator and try if for yourself, and you will see the math is correct. Then go to our EPIC Calculator, below, and compute your own savings!
“In short, when this (16th) amendment became part of the Constitution, in 1913, the absolute right of property in the United States was violated. That, of course, is the essence of socialism.”
—Frank Chodorov (1887–1966) Author, Publisher, & Conservative Libertarian
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