[–] zambeezy 0 points 0 points 0 points (+0|-0) 5.5 years ago
Consumptive tax is not a flat tax system
Yes it is by the definition of the term. It is the same tax on a product, regardless of income. It is flat and consistent across all income groups
[–] joethebob 0 points 0 points 0 points (+0|-0) 5.5 years ago
It is a fixed percentage but these are generally under the umbrella of 'Value added' or 'indirect'. Common convention use of 'flat tax' is going to be in relation to income.
[–] joethebob ago
It is a fixed percentage but these are generally under the umbrella of 'Value added' or 'indirect'. Common convention use of 'flat tax' is going to be in relation to income.