New Initiative Seeks to Eliminate Sales Tax

6 years 9 months 3 weeks ago Monday, August 12 2013 Aug 12, 2013 Monday, August 12, 2013 10:38:00 AM CDT August 12, 2013 in News
By: Hayley Buck, KOMU 8 Reporter
loading

ST. LOUIS COUNTY - Two men are running a new political action committee aimed at completely eliminating sales tax in Missouri.

No MO Sales Tax, the initiative started by 52-year-old Lloyd Sloan and 20-year-old Ken Newhouse, has been gaining attention statewide.

The grassroots super-PAC said cutting sales tax would give Missourians more money in their pockets to spend in the state's economy, spurring growth.

"It's fair to ask the question, how are you going to make up the revenue, but when we cut income taxes, no one ever asks that question," Sloan said. "How come, we can cut the income taxes and everyone says we'll just grow our way out of it? Why can't we just grow our way out of it with the sales tax?"

Sloan and Newhouse said the idea came after Newhouse spent the first part of his summer in Oregon, a state with no sales tax. The two said they saw a system that was working for a comparable-sized state, and thought they could make the same system work in Missouri.

Skeptics on both sides of the political spectrum have disagreed with Sloan and Newhouse, but the pair said, with time, it could be a solution that pleases both parties.

"Democrats are supposed to be for the poor, Republicans are supposed to be for tax cuts. I'm doing both and they both oppose it," Sloan said.

Jefferson City's administrator said taking sales tax out of the equation would eliminate a quarter, up to a third in some cities, of usable revenue for city government.

"An economist would say, if you give tax cuts, particularly at low levels, then it generates more economic activity," said Nathan Nickolaus. "The problem is that, for local governments, the way we translate more economic activity into tax money is sales tax."

Sloan and Newhouse said reducing the sales tax one percent at a time could prove the idea works. Combined with possible cuts in spending or eliminations of TIF tax breaks, they said, the economy will, in fact, grow.

Also opposing No MO Sales Tax are supporters of the fair tax plan. In this initiative, several taxes would be eliminated, and instead replaced with a national blanket sales tax rate of 23 percent.

Sloan and Newhouse said, although the fair tax plan calls for cutting some taxes, it would inevitably further damage the economy.

"They call it revenue-neutral," Newhouse said. "But the one thing they fail to do is cut spending. They don't cut the size of government, they don't try to solve any of that problem."

Sloan and Newhouse hope to schedule a debate with a state legislator on the fair tax and their own initiative this fall. Until then, they said, they would continue to get their name and message out to Missourians statewide.

 

More News

Grid
List
COLE COUNTY - The Cole County Crisis Negotiation Team and SWAT took one subject into custody after a barricade in... More >>
2 hours ago Wednesday, June 03 2020 Jun 3, 2020 Wednesday, June 03, 2020 6:10:00 AM CDT June 03, 2020 in News
COLUMBIA - Tuesday was the rescheduled municipal election from April. The election was initially postponed due to Coronavirus concerns. ... More >>
10 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 10:25:00 PM CDT June 02, 2020 in News
JEFFERSON CITY (St. Louis Post-Dispatch) — The Missouri Supreme Court has overturned the conviction of a man imprisoned in a... More >>
10 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 10:18:01 PM CDT June 02, 2020 in News
JEFFERSON CITY - A 20-year-old Jefferson City man was arrested on suspicion of two different sodomy charges. The Fulton... More >>
10 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 10:05:00 PM CDT June 02, 2020 in News
COLUMBIA - A 25-year-old woman is sharing her story after she was hit by a car Monday during a protest... More >>
11 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 9:44:00 PM CDT June 02, 2020 in News
COLUMBIA - Protests continued along Broadway in downtown Columbia Tuesday night. During the protest, Columbia police officers took a... More >>
11 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 9:34:00 PM CDT June 02, 2020 in News
JEFFERSON CITY (AP) — A Missouri judge has dismissed two lawsuits against a ballot proposal to expand Medicaid health care... More >>
12 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 8:51:39 PM CDT June 02, 2020 in News
KANSAS CITY (AP) — A coronavirus outbreak at a Kansas City paper plant has infected more than 200 people. ... More >>
12 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 8:45:51 PM CDT June 02, 2020 in News
FORT LEONARD WOOD - A Department of Army civilian died at Fort Leonard Wood following a crane incident around 2... More >>
13 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 7:30:02 PM CDT June 02, 2020 in News
COLUMBIA - Gov. Mike Parson announced Monday he is withholding $131 million from the Department of Elementary and Secondary Education... More >>
13 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 7:30:00 PM CDT June 02, 2020 in News
COLUMBIA - After several days of protests around the state of Missouri, Columbia Police Chief Geoff Jones released a statement... More >>
14 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 6:59:00 PM CDT June 02, 2020 in News
COLUMBIA – Boone County elections are being held today, and they look a little different than normal. COVID-19 precautions,... More >>
14 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 6:12:00 PM CDT June 02, 2020 in News
COLUMBIA - Around 10:50 p.m. the Columbia Police Department tweeted and said Daniel Wood had been located. @ColumbiaPD... More >>
18 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 2:52:00 PM CDT June 02, 2020 in News
COLUMBIA — As state and commercial testing is more available for the Missourians, the number of confirmed cases is rising.... More >>
19 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 2:00:00 PM CDT June 02, 2020 in News
ST. LOUIS — The City of St. Louis is under a curfew starting Tuesday at 9 p.m. ... More >>
20 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 12:46:00 PM CDT June 02, 2020 in News
(CNN) -- Life today is razor's-edge tense. If your regular coping methods aren't measuring up, there are science-backed actions we... More >>
20 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 12:33:24 PM CDT June 02, 2020 in A Brighter Tomorrow
JEFFERSON CITY - Police are investigating a reported armed robbery involving a pizza delivery driver late Monday night. According... More >>
22 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 10:44:28 AM CDT June 02, 2020 in News
COLUMBIA - Gunfire damaged several homes in northeast Columbia early Tuesday, though no injuries have been reported. Police responded... More >>
22 hours ago Tuesday, June 02 2020 Jun 2, 2020 Tuesday, June 02, 2020 10:37:09 AM CDT June 02, 2020 in News
Columbia, MO
Broken Clouds 74°
9am 77°
10am 80°
11am 82°
12pm 85°