Feb 10, 2012
A consumption tax
One of the most frequently discussed public policies are those related to taxes and changes to the tax code. Some say the tax code needs to do more to promote saving, and, therefore, there are big fans of relying more on the sales tax. But critics say the sales tax hits lower-income households harder. Is there a resolution between these two viewpoints? N.C. State University economist Mike Walden weighs in.