In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain goods or activities, like alcohol or fuel). A national consumption tax would create a ...

Do you reside in a state with a high sales tax, or perhaps one that imposes no sales tax at all? While often overlooked, consumption taxes, which include sales taxes, can significantly affect your ...

The conservative grassroots efforts for an “EPIC” rewrite of Nebraska's tax code will skip the Legislature this year.

In Nebraska, all bills and constitutional amendments get a public hearing, unlike many other state legislatures. Hardin, ...

House Republicans introduced the FairTax Act of 2023 in January, and if it passes, a national consumption tax would ... If it will pass, it doesn’t look like it's on the fast track.

The tax relief comes at ... an essential growth driver for sectors like retail and real estate. “With the middle-class now driving nearly 60% of domestic consumption, rising purchasing power ...

The new structure will substantially reduce the taxes of the middle class and leave more money in their hands, boosting ...

The Legislature’s new sponsor of efforts to replace almost all Nebraska taxes with a state and local “consumption tax” filed ...