If all sales taxes are replaced by a consumption tax what


In most states, there is no sales tax on food. Some people say that a consumption tax-a tax on all goods and services-would be better. If all sales taxes are replaced by a consumption tax, what would happen to the relative price of food and haircuts and how would you change your purchases of food and haircuts? Which tax would you prefer?

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Econometrics: If all sales taxes are replaced by a consumption tax what
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