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Alabama lawmaker suggests new system to replace state sales, income taxes

One Alabama lawmaker wants the state to do away with its income and sales taxes. Republican Senator Mike Holmes of Wetumpka pre-filed legislation to replace Ala...

One Alabama lawmaker wants the state to do away with its income and sales taxes.

Republican Senator Mike Holmes of Wetumpka pre-filed legislation to replace Alabama’s current system with one that’s based on consumption of new products and services.

The bill would also provide a monthly rebate to “legal Alabama citizens” to offset the tax on spending. More than 35% of Alabama’s tax revenues are generated through personal income tax, with 26% percent through general sales tax.

If passed, the change would go into effect January 1, 2020.