ChrisL68
Riley Skinner
- Joined
- Mar 16, 2011
- Messages
- 31,208
- Reaction score
- 3,640
I have posted this before. This is a good read on why a consumption tax won't work and why the VAT is the preferred course for a transaction-based tax regime.
http://taxprof.typepad.com/taxprof_blog/files/bartlett_fair_tax.pdf
Any consumption tax would be in addition to a income tax. The people who think that government is magically going to shrink to the level where we can fund it with solely a consumption tax are living in a dream world.
http://taxprof.typepad.com/taxprof_blog/files/bartlett_fair_tax.pdf
Any consumption tax would be in addition to a income tax. The people who think that government is magically going to shrink to the level where we can fund it with solely a consumption tax are living in a dream world.
Last edited: