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

To: Bill who wrote (45065)	2/14/2011 1:25:56 PM
From: d[-_-]b	Read Replies (1) \| Respond to of 103300

With a consumption tax, the government would have an incentive to grow the economy. Indirectly - consumption of products from any source/country would grow their revenues. Income taxes focus on job growth directly in America as long as they aren't anti-competitive with other nations. I'd have to look at the numbers but I believe a disproportionate amount of tax revenue under a consumption tax would come from the uber wealthy. Doubtful - they can simply avoid taxes and spend it all in another country - if you tax all income at the same reasonable rate - they neither leave or escape taxes. It's entirely fair to tax everyone at the same rate - once again I think a consumption tax creates class warfare because those that can move their money elsewhere will.