Econ Comments & Analysis
Washington Times | State income taxes in peril
Governors Bobby Jindal of Louisiana, Dave Heineman of Nebraska and Sam Brownback of Kansas have all recently publicly stated their desire to eliminate their states’ income taxes. Now joining this movement is North Carolina, where last week Senate President Pro Tempore Phil Berger called for his state to pursue serious tax reform this session, possibly including a repeal of North Carolina’s income tax.
AEI | We need a progressive consumption tax
In the short run, reform efforts are likely to focus on improving the income tax. We should curb ill-designed tax breaks, like those for expensive homes and Cadillac health insurance plans, and reform business taxes.
