Straight Talk From Steve

Allow me to introduce you to a new organization called, the Consumption Tax Institute, Inc.

The Consumption Tax Institute, Inc. is a new 501-C4 organization, which is putting together a strategy to put an initiative for the consumption tax on the ballot for November 2022. At some point in the future they hope to announce the start of a new petition drive, but that announcement will have to wait for another day.

The reason that I am introducing you to the Consumption Tax Institute, Inc. today has to do with their website. I want to encourage all of my readers to visit the website of the Consumption Tax Institute, Inc. by going to http://www.epictax.org. This website will tell you everything you need to know about the consumption tax.

There is a new feature on the website that we are especially proud of and excited about. This week the folks at the Consumption Tax Institute, Inc. have posted a consumption tax calculator onto their website. The consumption tax calculator is a spreadsheet, which will compare your tax burden under the current tax code with your tax burden under the consumption tax. All you have to do is put in your own data and let the spreadsheet do the work for you.

A link to the consumption tax calculator can be found in the green ribbon at the top of the website. Click on the link in the green ribbon, then scroll down until you come to the header which reads, “Download the Calculator Here.” In order to use the calculator, you will need to download it onto your desktop.

The calculator is completely private; no one will ever see your personal information.

After you download the calculator to your desktop, you will need to enter your family’s income and expense information. Even if you have to guess at some of the categories, the calculator will show you how much better life would be for you and your family under the consumption tax as opposed to the current tax code. So far, our experience has shown us that whenever someone uses the consumption tax calculator they are pleasantly surprised by the results.

If you have been a skeptic of the consumption tax in the past, then let the consumption tax calculator convert you into a newfound believer. We believe that when people begin to see how much lighter their tax burden would be under the consumption tax than under the current tax code, support for the consumption tax will begin to grow exponentially across our state.

We want everyone to use the consumption tax calculator and to see for themselves why the consumption tax is so sorely needed and why it is the solution to all of Nebraska’s tax problems.