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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (1906)11/20/2008 3:44:26 PM
From: DuckTapeSunroof  Respond to of 103300
 
Depends....

Two quick points:

1) there are MANY different types of 'consumption taxes'.

For example, 'sales taxes', or 'Value-Added Taxes' are both forms of consumption tax.

Our many States and localities are, in most cases, heavily reliant upon the revenues from sales taxes (so as to not have to tax real property too highly) and usually they are VERY RESISTANT to the federal government horning-in on this turf that they consider their own.

2) the MOST COMMON form of 'consumption tax' around the world is the V.A.T. --- and IT is a bureaucrat's DREAM. Frequently requiring bureaucrat after bureaucrat to keep track and manage it's many, many complexities --- taxing tens of thousands of different products at different amounts, and at different 'levels' in the production process.

The V.A.T. also (one other reason bureaucrats love it!) keeps the exact amount of tax that is imposed on any particular product mostly *hidden* from the public --- (unless they have a Masters in Economics and study tax policy :-)....

I'm opposed to making taxes EASIER by HIDING them better.