State officials in Missouri are considering the idea of a Fair Tax. Rep. Chris Kelly has a bill that would replace the state income tax with a state sales tax. First things first .. the bill calls for the Department of Revenue to figure out how much of a sales tax increase would be necessary to make tax collection revenue neutral. It would also include a provision to "rebate a tax credit to individuals meeting poverty guidelines."

No .. it isn't an exact copy of the Fair Tax. You really can't do that on the state level because there is no practical way to allow the workers to have 100% of their paychecks.

By the way, if you read the article about the bill, you will notice that the author isn't a fan .. constantly referring to the idea as the "so-called fair tax." Oh and the writer also felt the need to include that fair taxes are "typically backed by conservatives."

But back to the point ... Kelly says that the proposal hinges on a federal law allowing states to charge sales tax on Internet purchases. Kelly also says, "More states are looking into adopting so-called 'fair tax' proposals, putting a 'greater degree of pressure on Congress to do so.'" That's good to hear.

By the way ... the Fair Tax has been reintroduced into this congress - and this time with the largest amount of co-sponsors ever.