________ argued for a tax on consumption instead of on income because a tax on income discourages saving by taxing savings twice.

Name: ________ argued for a tax on consumption instead of on income because a tax on income discourages saving by taxing savings twice.
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Irving Fisher argued for a tax on consumption rather than on income, positing that taxing income discourages saving by effectively taxing savings twice—once when the income is earned and again when the saved income generates interest.

________ Argued for a Tax on Consumption Instead of on Income