This thesis makes a comparison between a consumption tax and the current Federal Income Tax in order to establish which would be fairer, simpler, more efficient and feasible for the United States. Issues such as which of the two tax systems would be easier to apply, and which would yield enough revenue for the fiscal budget are addressed. The thesis argues that a consumption tax would be more suitable for the United States and in particular makes reference to the Fair Tax plan which is a proposal to replace the current federal income tax with a national retail sales tax. This paper concludes that the Fair Tax plan would be more suitable for the United States than the current Federal Income Tax.
Tomlinson, Shelly-Ann R., "A Consumption Tax versus a Federal Income Tax in the United States" (2007). LLM Theses and Essays. Paper 94.