What does everyone out there think of a consuption tax? Eliminate income tax, property tax, inheritance tax, and corporate taxes. Pay about 30% in tax on anything you purchase except ~$15000 a year in food. The more you spend the more you pay. The less you spend the less you pay.
A bill and a book has been written on it. I personally don't have the time and I feel guilty when I read stuff other than what I should be reading for work.
Any thoughts?
A bill and a book has been written on it. I personally don't have the time and I feel guilty when I read stuff other than what I should be reading for work.
Any thoughts?