Income Taxes vs Consumption Taxes











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Ever wondered about the difference between income taxes and consumption taxes? In this video, we'll break it down simply! 🤔 Find out how each impacts your wallet, and which one might be more beneficial for you. 💸 • Links mentioned in this video: • 🔹Free September 26th webinar on dealing with disasters from an individual tax perspective • https://www.irs.gov/newsroom/irs-free... • 🔹Democrats want 'climate literacy' in schools as actual literacy slips • https://dailycaller.com/2024/09/22/de... • 🔹Feds raid interim NYPD commissioner's home • https://townhall.com/tipsheet/leahbar... • 🔹Angela Alsobrooks improperly claimed tax deductions on properties • https://www.cnn.com/2024/09/22/politi... • 🔹SEC plans to sanction Elon Musk • https://townhall.com/tipsheet/leahbar... • 🔹IRS spends more of our money, only to waste and lose it • https://www.newsmax.com/reagan/billio... • 🔹Chuck Schumer calls Republicans wasting time on tentative funding deal • https://www.foxnews.com/politics/chuc... • 🔹You can't win a budget battle you're not willing to fight • https://townhall.com/columnists/congr... • 🔹US locks in China tariffs hikes on EVs, chips, steel • https://www.theepochtimes.com/china/u... • 🔹How Trump could upend taxation in America • https://www.nytimes.com/2024/09/22/us... • 🔹Scrap it all for a consumption tax •    • Scrap It All For A Consumption Tax | ...   • 🔹Consumption tax: Definition, types, v. income tax • https://www.investopedia.com/terms/c/... • Don't forget to like, comment, and subscribe to our channel for more informative videos on law and your rights. • 🔔 Subscribe to Guardian Tax Law:    / @guardiantaxlaw   • 📞Call Guardian Tax Law for a free consultation: (520) 526-9850 • Guardian Tax Law • 5255 E. Williams Circle, Suite 1065-102 • Tucson, AZ 85711 • (520) 526-9850 • Connect with Us✨ • Subscribe:    / @guardiantaxlaw   • Instagram:   / guardiantaxlaw   • LinkedIn:   / guardian-tax-law   • Facebook:   / guardiantaxlaw   • 🎥 Recommended Videos 🎥 • How we help our clients resolve IRS tax issues:    • I can help resolve your IRS and State...   • FBAR Reporting:    • FBAR Reporting   • SBA Loan:    • SBA Loan   • #IRS #backtaxes #taxissues #taxrelief #taxattorney #irstaxes #irstaxhelp #irsbacktaxes #taxtips #TaxHelp #taxlaw #IRS #taxeducation #taxmanagement #2024Taxes #TaxTips2024 #taxes #taxnews #IncomeTax #ConsumptionTax #Finance101 #PersonalFinance #FinancialFreedom #MoneyMatters #TaxPlanning #LearnTaxes #Economy #TaxTalk

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