I personally believe that if spending was taxed instead of income it would be a much more fair system. Instead of having different tax rates for different incomes, and impossible to understand tax laws, wouldn’t a simple flat sales tax be more fair since more taxes would be paid by the rich since they spend more? Wouldn’t this also get away from a lot of the loop holes that companies take advantage of to pay less in tax? When they buy more land, buildings, office equipment… they would pay tax. Simple huh?
I guess I am just interested in hearing other opinions.