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Foster Campbell: Eliminate state income tax and instead get money from oil and gas riches

Por: The Advocate Opinion September 21, 2022

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Those pushing are onto something. Many of the nation’s fastest-growing states have no income tax, including Texas, Tennessee, Florida and Nevada.I pushed this idea in the Legislature in the 1990s. The main question you face is how to make up $4 billion in lost revenue. Spare me the old “scrub the budget” speech. My plan, which came closest to passage in 2000 when I had 19 of 39 state senators in support, called for updating how we tax oil... + full article



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