Progressive Consumption Taxation: The X Tax Revisited

Progressive Consumption Taxation: The X Tax Revisited
ISBN-10
0844743941
ISBN-13
9780844743943
Category
Business & Economics
Pages
207
Language
English
Published
2012
Publisher
Rowman & Littlefield
Authors
Robert Carroll, Alan D. Viard

Description

The authors observe that consumption taxation is superior to income taxation because it does not penalize saving and investment and propose that the U.S. income tax system be completely replaced by a progressive consumption tax. They argue that the X tax, developed by the late David Bradford, offers the best form of progressive consumption taxation for the United States and outline concrete proposals for the X tax s treatment of numerous specific economic issues."

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