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Consumption taxes have a lot of the same privacy-invading problems that income taxes do. To enforce them, the government has to have the ability to audit the fi
by fleventynine 3y ago
Consumption taxes have a lot of the same privacy-invading problems that income taxes do. To enforce them, the government has to have the ability to audit the financial records of at least one of the parties in a transaction.
If there are consumption taxes, they should only be for the raw materials and energy (as part of mineral rights).