Any income tax at all places intrusive record-keeping requirements on everyone, on every source of income, and such a tax penalizes earning. A consumption tax places record-keeping requirements only on vendors (who already must keep records anyway), which aren’t intrusive, and the tax penalizes consumption. Reduced earnings leads to poverty and economic weakness while reduced consumption leads to savings and to economic strength.
You sell me a wagon you don’t use anymore. Is that taxed? Who reports?
Reduced earnings leads to poverty and economic weakness while reduced consumption leads to savings and to economic strength.When everyone stops buying the product/service you provide, how will that improve your economic conditions and NOT reduce YOUR earnings and lead YOU to poverty?