1) We try to encourage saving and investment by collecting VAT instead of taxing capital gains. It's the exact same logic and perfectly consistent. 2) Sales/ex

1) We try to encourage saving and investment by collecting VAT instead of taxing capital gains. It's the exact same logic and perfectly consistent. 2) Sales/excise/VAT taxes are still collected whether it's the parent or child who is spending the money. It's symmetrical and doesn't treat one moment in time or one generation differently than another.