At 2 p.m. today, House Republicans are set to unveil a revised attempt at tax reform that drops two of its most controversial provisions – a return to the state sales tax on groceries and on goods sold by non-profits.
In other words, Girl Scout cookies and Boy Scout popcorn would remain tax free. As would a can of pork and beans.
Details are yet scarce, but here are the changes we hear are in the works for a bill engineered to build a majority for House passage:
– A new sales tax on the casual sale of automobiles and boats would remain;
– A sales tax on car repairs stays in;
– The sales tax on satellite TV and other communication devices, such as cell phone, also survives;
– Any thought of a sales tax on legal services has been abandoned;
– An energy sales tax disappears, but would remain on coal – an important point to Georgia Power;
– The state’s personal income tax would drop from 6 percent to somewhere in the 4 percent range.
– The corporate income tax remains the same.
– And in a bid to lure Democratic votes, the bill includes a low-income tax credit.
Certainly more details will come throughout the morning, so stay in touch.
Today’s Politifact takes on Ann Coulter’s contention that a little radiation can be good for you.
- By Jim Galloway, Political Insider