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DOWNLOAD/PDF Progressive Consumption Taxation: The X Tax Revisited

5 minutes ago - COPY LINK TO DOWNLOAD : https://koencoeng-ygtersakity.blogspot.mx/?lophe=0844743941 | [READ DOWNLOAD] Progressive Consumption Taxation: The X Tax Revisited | Alone among developed countries, the United States has no broad-based national consumption tax. Yet, economic analysis suggests that consumption taxation is superior to income taxation because it does not penalize saving and investment. The authors conclude that the U.S. income tax system should be completely replaced by a progressive consumption tax. The authors argue that the X tax, developed by the late David Bradford, offers the best form of progressive consumption taxation for the United States. To achieve progressively, the X tax modifies the value added tax by splitting its consumption tax base into two components, wages and business cash flow. The X tax applies graduated tax rates to households&#8217 wages and applies a flat tax rate, equal to the highest wage tax rate, to business firms&#8217 cash flow

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DOWNLOAD/PDF Progressive Consumption Taxation: The X Tax Revisited

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