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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 three-pronged 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 McCook businessman, the "transaction tax" never got out of committee. A couple years ago it came back as the "consumption tax" and, while it made it out of committee, it never made it to debate by the full Le...

 

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