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E-cigarettes will also be the focus of a consumption tax.
"In other countries, adoption of a consumption tax has led to election losses for the incumbent party".
Most suggest some variety of a consumption tax, where the burden of taxation falls on consumption rather than on income.
R. Glenn Hubbard, chairman of the Council of Economic Advisers, wrote numerous papers while at Columbia University about the merits of a consumption tax.
Supporters of a consumption tax or a flat income tax say such a system could still place a heavier tax burden on high-income people.
This year's annual Economic Report to Congress scathingly criticised the traditional tax system and sung the praises of a consumption tax.
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Publishers receive 65percentt of each subscription on a consumption basis.
Leave out the effects of a consumption-tax increase and inflation there is barely half way to its 2% target.
This woeful tale of a consumption-led Cockaigne that degenerates into anarchic tyranny cannot possibly have any real impact on us.
And in his recent economic report to Congress, President Bush praised the potential advantages of a consumption-based tax over the income tax.
Another striking change, noticeable particularly in the newer shopping centres, has been the emergence of a consumption-oriented middle class similar to that found in Hong Kong, Singapore, Seoul South Koreaand and other Asian cities undergoing rapid economic growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com