How are different consumption taxes related? Q.How are different consumption taxes related? A.A retail sales tax, value-added tax, the flat tax, and the X-tax are closely related. These taxes are contrasted with wage taxes. Read more about How are different consumption taxes related?
What did the President’s Advisory Panel on Federal Tax Reform say about the national retail sales tax? Q.What did the President’s Advisory Panel on Federal Tax Reform say about the national retail sales tax? A.Put simply: a nonstarter. Read more about What did the President’s Advisory Panel on Federal Tax Reform say about the national retail sales tax?
What would be the effect of a national retail sales tax on economic growth? Q.What would be the effect of a national retail sales tax on economic growth? A.The switch from an income tax to a consumption-based tax would probably make a positive difference, but it is far from certain. Read more about What would be the effect of a national retail sales tax on economic growth?