Want to create an interactive transcript for this episode?
Podcast: PRay TeLL, Dr. Hash
Episode: 1372 Consumption Taxes
Description: Taxes should not be a drag on commerce, the worst being Sales tax. A Sales tax is counterproductive in 3 ways: it requires effort to collect, report & oversee; it reduces purchasing power; and it’s regressive, meaning that it essential takes from everyone and gives to the Rich. The simple fact is that a robust economy wants people to consume; that’s where jobs come from. Unfortunately, there’s an almost inexplicable contrary view that regards consumption as something to be discouraged? Nothing really explains the Consumption tax fetishers except perhaps misplaced ecopiety, envy of those consuming, or a complete lack of eco...