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Thomas Hobbes Argued for a Tax on Consumption Instead of on Income

Question 245

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Thomas Hobbes argued for a tax on consumption instead of on income because


A) the standard of living depends not on income, but on how much income is spent.
B) consumption is the best indication of ability to pay.
C) a tax on income discourages saving by taxing savings twice.
D) a tax on consumption raises more revenue than a tax on income.

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