If a flat-rate tax on comprehensive consumption yields the same revenue as a flat-rate tax on comprehensive income, the tax rate for the two taxes must be equal.
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Q1: Assuming that a person never receives any
Q3: A consumption tax is the same as
Q4: Under a consumption tax, borrowing money will
Q5: A sales tax encourages saving and discourages
Q6: A tax on comprehensive consumption will not
Q7: Comprehensive consumption is measured by excluding increments
Q8: Annual comprehensive consumption is equal to annual
Q9: A comprehensive consumption tax will not prevent
Q10: A comprehensive consumption tax is equivalent to
Q11: Under a comprehensive consumption tax, liability for
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