Death of the Income Tax
Subtitle: A Progressive Consumption Tax and the Path to Fiscal Reform
Publisher: Oxford University Press, Incorporated
Published: 2013
Language: eng
Number of pages: 336
ISBN-13: 9780199948802
Subjects: Taxation
Description: This book proposes that the solution to the problems of the current income tax is to abandon it and completely replace it with a progressive consumption tax collected electronically at the point of sale, which the book calls e-Tax. e-Tax is based on a European-style, credit value added tax (VAT) because with modern technology a VAT can be collected electronically and automatically.