You said "taxable goods". If I remember correctly
by 88_92WSND (2024-02-22 20:32:41)

In reply to: All transactions? You envision a VAT were we tax saving?  posted by ufl


the concept from the mid-90s under the "Fair Tax" label did not have a 'non-taxable goods' category. If you bought something, the transaction was taxed. If you paid for a service, the transaction was taxed.

Monthly Universal Basic income voucher pre-pays the cost of basic goods and services, so low income has a net zero tax burden at worst, net tax income possible.