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 Tax Freedom Day 2017 is April 23rd An Outline of Nebraska’s Tax Reform Package Late-Breaking West Virginia Compromise Would Create Two New Taxes Getting West Virginia Tax Reform Across the Goal Line Is Tax Reform Coming to Louisiana? West Virginia Would Have 10th Best Business Tax Climate Under HB 2933 Subscribe to The Weekly Tax Update Join over 30,000 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.