BOOK FREE Progressive Consumption Taxation by Robert Carroll – alphabetpreschool.co.uk
Ors outline concrete proposals for the X tax s treatment of pensions
And Fringe Benefits Business fringe benefits business financial intermediaries international transactions owner occupied housing state and ocal governments the transition and other issues By adopting the X tax *The United States Can Preserve Tax Progressively While Promoting Economic * United States can preserve tax progressively while promoting economic through the removal of tax penalties on saving and investmen. David offers the best
form of progressive consumption taxation for the United States To achieve progressively the tax modifies the value added tax by of progressive consumption taxation for the United States To achieve progressively the X tax modifies the value added tax by its consumption tax base into two components wages and business cash flow The X tax applies graduated tax rates to households wages and applies a flat tax rate eual to the highest wage tax rate to business firms cash flows The auth. Alone among developed countries the United States has no broad based national consumption tax Yet economic analysis suggests that consumption taxation is superior to income taxation because
"It Does Not Penalize "does not penalize and investment The authors conclude that the US income tax system should be
completely replaced by a progressive consumption tax the replaced by a progressive consumption tax The argue that the X tax developed by the ate.