You won’t like my answer
Ain’t no system that will be fair/perfect for everyone.
You are playing to the same game as the libs with identity politics, the poor and unable will be unjustly hurt, targeted, etc.
Well guess what, they ain’t fairing to well now.
I agree if you look at the Reagan tax policies is created growth and led to revenue increases, but spending increased as well.
I think with a consumer based tax policy it would eventually lower the price of goods, services, as that is the nature of a competitive market.
Look at “free healthcare” for the poor, it’s increased all prices throughout the market because it stifled competition.
Also, taxes would be gathered from visitors as well as illegal immigrants, and those working under the table, etc.
With less opportunity to hide your money, I believe it will rack in more overall.
It would also expose those on the dole, as they have to consume, even if it just puts ill begotten money back into the government.
Those who really are in dire need, and honestly need help, programs will be needed to assist them, but we can do that with much better accountability I believe.
It still allows for capitalism to power folks to a higher standard of living, maybe even more so, as transparency will be more visible.
No deductions or deductible or write offs, period.
That is the hole that all the loops retreat into.