Explore BrainMass

Explore BrainMass

    Public Finance

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What is comprehensive consumption? How is the consumption tax implemented?

    © BrainMass Inc. brainmass.com June 4, 2020, 2:43 am ad1c9bdddf
    https://brainmass.com/business/finance/475170

    Solution Preview

    Comprehensive Consumption Defined and Implementation of Comprehensive Consumption Tax explained.
    "The annual comprehensive consumption for a nation is calculated by deducting the annual savings from the annual comprehensive income. The more a citizen consumes the less he/she saves. The dominant form of taxation of consumption in the United States is the retail sales tax. Usually the sales tax is added on to retail purchases of goods by the ...

    Solution Summary

    What is comprehensive consumption? How is the consumption tax implemented?

    $2.19

    ADVERTISEMENT