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Saturday, January 19, 2013

Republican Governors' Plans For No State Income Tax Lauded, Criticized

Several Republican governors are proposing an end to their state income taxes in exchange for closing loopholes including mortgage deductions -- plans to make their states more competitive in the U.S. economy but already being criticized by Democrats.

Gov. Dave Heineman, Nebraska, and Bobby Jindal, Louisiana, earlier this week proposed eliminating the tax on residents and corporations.

Meanwhile, Kansas Gov. Sam Brownback proposed lower taxes for all residents in exchange for eliminating the tax deduction for interest paid on home mortgages.

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1 comment:

  1. why don't the democrats want this to be done? easy; they know those states will improve dramatically and the liberals will look bad because their economic policies are bad. now wasn't that a no brainer...

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