Backers of a novel state “consumption” tax predicted Monday that a ballot initiative to adopt it would pass if it gathers enough signatures to qualify for the 2024 ballot.
But getting it on the ballot is the big “if” faced by the so-called EPIC Option Consumption Tax initiative, though one political consultant figures they have commitments for campaign funding and will qualify for the ballot.
Such signature drives typically require more than $1 million in funds to finance paid circulators able to collect the required, tens of thousands of valid signatures of registered voters. So far this year, backers of the EPIC Option Consumption tax have reported raising just under $89,000 as of October.