nope. they are talking about abolishing income tax entirely, consumption tax is really another word for a federal sales tax on all new nonessential goods... like iphones and TVs. essentials like food, clothing, and medicine would not fall under this. passing it would create massive new demand for used goods as they wouldnt fall under the tax either.
I think they are talking about a 'flat tax' to replace it.
nope. they are talking about abolishing income tax entirely, consumption tax is really another word for a federal sales tax on all new nonessential goods... like iphones and TVs. essentials like food, clothing, and medicine would not fall under this. passing it would create massive new demand for used goods as they wouldnt fall under the tax either.
Good. We should never have had any taxes.