I don’t get this, the only argument is the like Austrian school taxation is theft argument but in that case all the taxes that income tax haters like are also just as much theft.
You see a new article every week about why we need to get rid of income tax and replace it with some asinine “progressive consumption tax” that allows for poor people to write some stuff off but not other stuff its a mess.
every inane over complicated solution always runs into either not making enough, being to expensive to enforce and calculate or being regressive
even in Europe which comes the closest to this with the use of vats but income tax is still their main cash cow
this is a solution in search of a problem income tax works, economist agree when done right (as in you don’t raise income tax 50% in a day)it has the least distortion, it’s easy to collect and raises massive revenue
Exactly
Trust me if the government had to make up the difference from consumption taxes most people would lose more money to that then income tax, since income tax is predictable it can be optimized better while consumption tax has inherent variance so you have to set it high to be safe.