Georgia, Replace Income Tax With Consumption Tax

Georgia Sen. David Shafer, the Duluth Republican who is serving as Senate president pro tem, dropped two bills this week that could convert state David_Shaferfunding to the consumption tax. The move, he said, could make Georgia more competitive with places like Florida and Tennessee, which do not charge an income tax.

“I’ve always believed we should tax consumption instead of production,” Shafer said, echoing the argument for the federal FairTax, which U.S. Rep. Rob Woodall has advocated since taking over for the original sponsor John Linder after his retirement from Congress.

Link: Shafer proposes ‘fair tax’ for state