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.