The feasibility of an expenditure tax
Argues that while an expenditure tax would increase the complexity and administrative burdens of taxation, these problems are not overwhelming. The problems which have led others to conclude that an expenditure tax is infeasible, or would result in gross inequities, are not insuperable. At worst they can be handled with a little ingenuity and a suitable transition scheme. The case for or against an expenditure tax must rest on whether the economic benefits of adopting such a tax exceed the minor administrative costs of the tax. The expenditure tax cannot be rejected as infeasible merely because of practical or administrative problems.
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