aceventura3

Thanks for the set-up.

That is why I support a flat tax code, one based on consumption. If people spend like a billionaire they should be taxed accordingly. Under a flat tax consumption model if a person spends their money on food, housing, medical and basic necessities we could exclude those items from being taxed.

Tax the underground economy through consumption taxes.
Tax rich people who spend based on their assets rather than income through consumption taxes.
Tax big corporations who spend lavishly in order to lower their real taxable income through consumption taxes.

Are you ready to join the cause? What is the downside to flat consumption taxation?

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