Title: Death of the Income Tax
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.
Subjects: Taxation, Income tax, Spendings tax, Fiscal policy, Income tax, united states