Tag: Consumption Tax
Posted in United States
Tax Policy Is Never So Simple
Kurt L. Davis Jr. August 26, 2021
The focus of tax policy should be to create the ‘necessary’ revenue mixed with a manageable level of debt to cover the requisite spending for the country. That tax revenue will involve a balance between capital, labor, and consumption taxes. Mix in the targeted investment incentives and managed spending (better said than done) and maybe you can find a solution…