1. Companies with large property holdings, like oil and gas corporations, want the consumption taxes because those represent tax breaks. 2. Although he did not specify how this was to be achieved, he promised not to increase the unpopular goods and services consumption tax. 3. Also by then, as their monthly pay checks begin to run out, voters will be feeling the bite ofa controversial new consumption tax. 4. The electorate took a dim view of this practice when the government used it to get the consumption tax through in December. 5. Among tax specialists, these are called consumption taxes. 6. Among the most radical is replacing the progressive income tax system with a consumption tax. 7. And another threat is emerging on the horizon in the form of increased consumption taxes. 8. And though their leaders still reject it, conferences of the major political parties are calling for tax reform, including the possibility of a consumption tax. 9. Another consumption tax, the value-added tax is tacked onto goods and services along the distribution chain and collected by businesses rather than the IRS. |