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Home / News Stories / Tug-Of-War: Can The U.S. Digest A Consumption Tax? (access required)

Tug-Of-War: Can The U.S. Digest A Consumption Tax? (access required)

It's the $2 trillion question. Amid a push for tax reform by President Bush and with the qualified blessing of Federal Reserve Chairman Alan Greenspan, the idea of a consumption tax is gaining political momentum. Would a national sales tax, the most commonly considered form of consumption tax, be a fair and efficient way of collecting Washington's ...

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