Thursday, March 03, 2005

Greenspan touts consumption tax

I've been in favor of a national sales tax ever since I took a public finance/tax policy class in college. The Forbes presidential bid made tax reform a hot-button item back then. Now Greenspan touts consumption tax as well.

"Addressing concerns about increased taxes on necessities like food, Greenspan said policy-makers could design a consumption tax that would exclude products mostly consumed by the poor."

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