In economic sense, it is also a kind of consumption tax.
On the revenue side, some kind of consumption tax should be considered.
It is more likely instead to act as a consumption tax.
"We're going to have to move in the direction of some new consumption tax."
Japan introduced the national consumption tax of three percent in 1989.
But consumption taxes are by no means without their problems.
He would do the job with a 5 percent Federal sales or consumption tax, bringing in $40 to $50 billion a year.
"You are getting everybody," with a consumption tax, he said.
He said the Administration was looking at a wide range of consumption taxes.
There is a question about whether we should try to have a progressive consumption tax.
Wörterbuch für Wirtschaftswissenschaft