Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

Consumption taxes are having a moment, as they do every 20 years or so. They are never a good idea, but the current iteration, which House Speaker Kevin McCarthy has promised to bring to the floor, is ...

Federal Reserve Chairman Alan Greenspan met with President Bush's Federal Advisory Panel on Fundamental Tax Reform on Thursday. He said a system that combines elements of consumption and income taxes ...

Wonder Land: While Republicans and conservatives think the Washington Swamp is real, Democrats and progressives don’t. Whatever your belief it will be an issue in the 2024 presidential election.

Taxes are a necessary fact of life. Although no one likes paying them, and they divert resources and cause waste, governments need revenue to provide essential (and some not-so-essential) services.

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...