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Tuesday, November 12, 2024 at 6:55 PM

Capitol V iew

The consumption tax just won’t go away, but it should

The consumption tax, or the transaction tax, or maybe it’s the EPIC tax, has reared its ugly, shortsighted head again.

Call it what you will, but elimination of the highly sustainable threepronged tax system that has been on the books since 1976 and cost Governor Norbert Tieman his political future, is simply not a good idea.

First introduced in the 1990s as the so-called brainchild of a Mc-Cook businessman, the “transaction tax” never got out of committee.

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