
Introduced as House Joint Resolution 36 in Missouri last session, it would replace the current state income tax with a tax on all sales and services. Let me repeat that ALL sales and services.
At a time when Congress is talking about getting more people health care, our Missouri General Assembly is talking about taxing it. But that’s not all, every service you pay for from TV repair to your electric bill would be taxed.
Obviously, such a regressive tax would heavily effect the poorest Missourians, but a full 95% of Missourians would pay more in taxes under this plan according to the Institute on Taxation and Economic Policy. They also estimate that in order to make the tax revenue neutral – which they claim to want in the legislation – the tax would have to be 12.5%. Now imagine paying an additional 12.5% on every dollar you spend on any goods or services.
These types of proposals make it clear that conservatives have no qualms about raising taxes – they just want to raise them on middle and low income Americans and cut taxes for the wealthiest 5%.




