Many economists and politicians have argued that moving from an income tax to a consumption tax would
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Many economists and politicians have argued that moving from an income tax to a consumption tax would be unfair unless a wealth tax or an inheritance tax were enacted at the same time. Explain the arguments on both sides of this issue.
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The debate over transitioning from an income tax system to a consumption tax system such as a ValueAdded Tax VAT or a national sales tax often involves discussions about fairness and the need for addi...View the full answer
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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