Wednesday, May 10, 2006

FairTax Kentucky On The Move

If the United States repeals federal income taxes and replaces them with retail sales taxes, the resulting economic boom will cause many states to consider the same approach.

The obvious problems that would result from inconsistent comprehensive reform on a state-to-state basis suggests that all states will want to move together on this. Several states have begun studying how this would work. Today, Kentucky joined them.

Details are forthcoming.