The consumption tax is something that sounds like a great idea, but in practice isn't. For taxes to be fair, people who have more means should pay more, as it'

The consumption tax is something that sounds like a great idea, but in practice isn't. For taxes to be fair, people who have more means should pay more, as it's less of a burden on them than people of lesser means. If you think of someone who's not too well off, their entire paycheck is going to food and rent, and not savings. For wealthy people, some part of their paycheck is spent on consumption of things, but a larger part of it goes to savings and investments. There's a reason why rich people go to tax havens that have no income tax and only sales tax.