Some economists argue for a ________ tax instead of the personal income tax because it would encourage more saving.
A)consumption
B)capital gains
C)corporate income
D)property

Question

Quizplus · Accepted Answer

A consumption tax would encourage individuals to save instead of spending, as every time they make a purchase, they would be taxed. This could lead to higher savings rates and potentially more investment in the economy.

Some Economists Argue for a ________ Tax Instead of the Personal