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A Consumption Tax Is the Shock Our Broken System Needs - WSJ Opinion

Others complain that the rate will be high. An effective 30% consumption tax, added to state sales taxes as high as 10%, could add up to a 40% or greater rate. But taxes overall must finance what the government spends. Collecting it in one tax rather than lots of smaller taxes doesn’t change the overall rate. It’s better for voters to see how much the government takes.

This is a really good point. We’re lulled to sleep with a myriad of nickel and dime taxes. Added together, the bill would shock every taxpayer.

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