Periscope (October 29, 2019)
Oct 30th 2019 3:33am EDT
The Democratic plan for a 42% national sales tax A 42% national sales tax (known as a valued-added tax) would generate about $3 trillion in revenue. But it would destroy the consumer spending that’s the backbone of the U.S. economy. A tax of that magnitude would be like 42% inflation, wrecking consumer budgets and the […]
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