Proponents of a consumption tax have argued that the tax can ultimately increase labor incomes and actually prove to be more equitable in the long run than an income tax.Indicate the net gains possible from substituting a consumption tax for an income tax in the United States.In your answer be sure to indicate your assumptions about the tax base and the conditions in the relevant markets.

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The Answer of Proponents of a consumption tax have argued that the tax can ultimately increase labor incomes and actually prove to be more equitable in the long run than an income tax.Indicate the net gains possible from substituting a consumption tax for an income tax in the United States.In your answer be sure to indicate your assumptions about the tax base and the conditions in the relevant markets.

Proponents of a Consumption Tax Have Argued That the Tax