Why need production if you don't have consumption? I jest, only partially.
I suppose we do things how we do because taxing income is a lot easier to do progressively than taxing consumption.
You can't meter how many times someone has been out to eat or how many gallons of gas they have put into their car, but you can more easily track what their employer puts in their bank account.
Why need production if you don't have consumption? I jest, only partially.
I suppose we do things how we do because taxing income is a lot easier to do progressively than taxing consumption.
You can't meter how many times someone has been out to eat or how many gallons of gas they have put into their car, but you can more easily track what their employer puts in their bank account.