What is the Consumed Income Tax? July 2, 2014 TF Staff We've released a new video in which Tax Foundation Fellow Michael Schuyler explains the consumed income tax. For more videos, click here, or follow us on YouTube. Topics Individual Income and Payroll Taxes Related Articles Who Gets a Tax Cut Under the Amended Senate Tax Cuts and Jobs Act? 2018 Tax Brackets The House Takes a Big Step Forward on Tax Reform The Economics of Permanent Corporate Rate Cuts Must Outweigh the Optics of Sunsetting Individual Tax Cuts Overview of the Senate’s Amendment to the Tax Cuts and Jobs Act Who Gets a Tax Cut Under the Senate Tax Cuts and Jobs Act? Subscribe to The Weekly Tax Update Join over 20,000 subscribers! Get the latest in tax news and analysis, delivered directly to your inbox every week. Never miss a post! Get email updates when we post new content.