A Comprehensive Retail Sales Tax as a Single Tax
نویسنده
چکیده
A well-crafted retail sales tax on all goods and services could replace all 36 other state-level taxes in Kansas— including the personal and corporate income taxes. The tax rate could be eight percent (8%) or less, after the state government makes budget adjustments related to the recent recession-driven revenue shortfalls. Such a bold move holds the promise of making Kansas one of the most growth-oriented state tax environments in the nation (without compromising retail competitiveness along the state’s borders). A change of this magnitude would require substantial behavioral and administrative adjustments for everyone, but the technical aspects of such a transition are readily managed if Kansans chose to commit to the goal.
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