Must-Read: Marshall Steinbaum: Hottest Tax Idea in Washington Actually Terrible: “The ‘consumption tax’… transcends political divides in Washington… …instead of taxing wealth or income, the government should encourage people to save by taxing only their spending… Rubio… Lee… Cardin…. Too bad they’re all wrong…. The theoretical arguments in favor of consumption taxes are typically based … Continue reading Must-Read: Marshall Steinbaum: Hottest Tax Idea in Washington Actually Terrible