ST Alpha - "from what I can tell, it combines a flat tax on business cash flow (minus investment expenditures) with a progressive tax on wage incomes" (Reading a Post)

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In response to "here's one analysis I found -- (link)" by znufrii

from what I can tell, it combines a flat tax on business cash flow (minus investment expenditures) with a progressive tax on wage incomes

Posted by znufrii Nov 30 '12, 10:39

while exempting personal savings and investment income entirely.

I just can't see how to reach the conclusion that in effect it is the same thing as a consumption tax, which is the argument David Brooks is posing in his NYTimes column today.

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Basically, they start with a VAT base. The VAT is a consumption tax. Therefore, this is a consumption tax. - spamlet Nov 30, 10:41 1
- gotcha. thanks. -- nm - znufrii Nov 30, 10:44

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from what I can tell, it combines a flat tax on business cash flow (minus investment expenditures) with a progressive tax on wage incomes

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