The Economic Council’s Road Map for Tax Reform laid the groundwork for a greater discussion of the consumption tax … and against a consumption tax. He argues that the tax treatment of savings is likely to become a more central policy focus … on consumption taxes: a sharp increase in sales tax revenues (sales and excise) to reduce reliance on income taxes; a …

consumption flows; Net societal accumulation of stocks of productive resources; Income distribution; and Economic security. Since …

-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a …

literature. One possible explanation is that increased consumption does not generate lasting increments in welfare because the … process of satisfying our desires generates new desires. A second explanation, which Heath describes contends that consumption …