History lesson: No big decline has ever been fully predicted – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
Over the past three decades, conservatives have proposed four different types of consumption taxes: A national sales tax, A business transfer tax, The Hall–Rabushka–Armey–Forbes flat tax, and The “new flat tax,” also known as an expenditure tax, consumed income tax, inflow-outflow tax, or cash flow tax. Few understand that, despite their administrative differences, they are economically equivalent consumption taxes.[1]
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EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.