Interesting idea on taxation based on consumption.
Governments would still have a fairly good idea on revenue flows.
A persone should only be taxed once if at all. You shouldn't earn it get taxed,. Spend it , get taxed. Invest it, get taxed on earnings. Save it, get taxed on dividends. Decide to sell something you have bought like a boat or a car or a house and ... pay tax on it.
One tax , one time and that's all.
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