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National Sales Tax

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What is a national sales tax and how would it reduce the nation deficit?

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Solution Summary

A growing debate is a national sales tax in the United States. The following questions are answered: what is a national sales tax? and will a national sales tax reduce the federal deficit?

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National Sale tax
What is a national sales tax and how would it reduce the nation deficit?
A national sales tax is a tax based on everyone paying taxes based on how much they spend instead of how much they earn. The idea is that taxing based on consumption would encourage more people to save and invest more. Therefore, the economy will be better because this would stimulate economic and ...

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