Supporters of Sales Tax Hike Say They're Committed to a Revenue Neutral Plan, But Insist On Devastating 7% Cap Anyway

Rep. Andrew Koenig (R-Koenig) presented his version of the Rex Sinquefield sales tax hike in a House Committee this morning, professing to care about whether or not his plan would be revenue neutral (i.e., bring in as much revenue with a higher, broader sales tax as is produced now by the corporate and income taxes he wants to eliminate).

Yet Koenig, Sinquefield and the others on Rex's payroll continue to insist on a seven percent cap on the state sales tax rate, even though nonpartisan and independent analyses have show that such a cap would be devastating to state revenues.

It's no longer a matter of real debate:

Any questions?

 

 

Copyright 2005-2013, Fired Up!, LLC