No it doesn't. It's called a progressive consumption tax. The first $10,000 you consume is tax free, the next $10,000 is taxed at 10%, and the next $10,000 at 1

No it doesn't. It's called a progressive consumption tax. The first $10,000 you consume is tax free, the next $10,000 is taxed at 10%, and the next $10,000 at 15%, and so on.