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The Case for Abolishing Income Tax, Replacing With Sales Tax
1 month ago
62
The case for abolishing all current federal taxes and replacing them with just a national sales tax.
Chapters:
0:00 Introduction
0:10 A few relevant historical facts
1:02 Abolish all current federal taxes and replace with national sales tax
1:29 Sales tax rate and key economic stats
3:10 Benefits of having only a sales tax
4:19 Benefits of sales tax over income tax
5:23 Sales tax often wrongly labeled “regressive”
6:26 Sales tax only taxes consumption
7:35 Wrap-up
Also view on YouTube:
https://www.youtube.com/watch?v=1hO1k1r5NBU
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