The Superiority of an Ideal Consumption Tax over an Ideal Income Tax. - Stanford Law School

The Superiority of an Ideal Consumption Tax over an Ideal Income Tax.

By Stanford Law School

  • Release Date - Published: 2006-03-01
  • Book Genre: Law
  • Author: Stanford Law School
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The Superiority of an Ideal Consumption Tax over an Ideal Income Tax. Stanford Law School read online review & book description:

INTRODUCTION Perhaps the single most important tax policy decision is the choice between an income tax and a consumption tax. The topic has been discussed and argued over since at least the time of Hobbes and Mill, without apparent resolution. (1) Consumption and income taxes both represent substantial sources of revenue in all modern economies.

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