What would be the effect of a national retail sales tax on economic growth? Q.What would be the effect of a national retail sales tax on economic growth? A.The switch from an income tax to a consumption-based tax would probably make a positive difference, but it is far from certain. Read more about What would be the effect of a national retail sales tax on economic growth?
What can state and local sales taxes tell us about a national retail sales tax? Q.What can state and local sales taxes tell us about a national retail sales tax? A.Most states and localities rely heavily on retail sales taxes. But their experiences suggest that administering a national tax would be daunting. Read more about What can state and local sales taxes tell us about a national retail sales tax?
Would tax evasion and avoidance be a significant problem for a national retail sales tax? Q.Would tax evasion and avoidance be a significant problem for a national retail sales tax? A.A national retail sales tax would certainly not eliminate tax evasion and avoidance, and might increase it. Read more about Would tax evasion and avoidance be a significant problem for a national retail sales tax?