Tax Finance Wisdom

In this regard, a flat tax on consumption can be shown to be the best from all perspectives – it is conceptually better and it is easier to implement. Further, a flat consumption tax coupled with a no income tax system will …

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What the Ryan roadmap does on taxes is propose a framework — a simplified but still progressive income tax, a consumption tax , and the end of the corporate income tax — that he argues, plausibly, would be more growth-friendly than the …

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Additional “tax cuts” touted in the budget are similarly hard to justify since they increase the ” consumption tax ” features in the income tax–expanding the “saver’s credit” is a too costly $27 billion over ten years; and expanding the …

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My very first article was on a sortition based consumption tax . One of its advantages was that it did not favor imports the way a carbon tax or cap and trade system does. A corporate tax that covers profits made abroad discourages …

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Speaking before the President’s Advisory Panel on Federal Tax Reform, Mr. Greenspan said he believed that a consumption tax —such as a National Sales Tax—could spur economic growth. One of his most important arguments was that a …

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Record US Gap In the US, which will see a projected record budget deficit of $1.6 trillion this year, the Obama administration isn’t considering a consumption tax .

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So, in place of the income tax, professor Frank suggests implementing a “progressive consumption tax .” The idea here is pretty simple.

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How to keep them happening is moving towards a consumption tax . Ultimately, GDP growth is the driver of tax revenues, and our modern positive bump, came when Clinton focused like a laser on the balanced budget.

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Legislation was introduced earlier this month that calls for the creation of Consumption Tax Bonding Districts. Municipalities meeting strict guidelines, and with the approval of the state’s Vision Iowa Board, would be allowed to issue …

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I have no clue what the numbers would be, but you really need to look at what the 8.5% consumption tax would do to dividends before you have really sussed out the results on the billionaires. Bruce Webb Feb 25, 2010 5:44:00 PM …

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