The Alabama Economic Freedom Act Rate Study - National FAIRtax NOT Enacted: 2020
02/03/20NOTE: Best viewed on a PC. Other systems distort the tables.
The Beacon Hill Institute (BHI) for Public Policy Research focuses on federal, state and local economic policies as they affect citizens and businesses. The Institute conducts research and educational programs to provide timely, concise and readable analyses that help voters, policymakers and opinion leaders understand today’s leading public policy issues.
In this study, BHI calculates the revenue-neutral Alabama Economic Freedom Act rate that would replace existing taxes under two scenarios. Scenario 1 replaces state tax revenues listed in Table 1. Scenario 2 calculates the average local sales tax rate that would be needed to replace the current revenue, were the local sales taxes to adopt the Alabama Economic Freedom Act base.
©February 2020 by the Beacon Hill Institute
The Alabama Economic Freedom Act Rate Study - National FAIRtax NOT Enacted