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 QB Derek Carr Could Save $3.2 Million in Taxes if Raiders Were Already in Las Vegas Complicated Taxes for Business Travelers Might Be Getting Easier Unpacking the State and Local Tax Toolkit: Sources of State and Local Tax Collections North Carolina’s Tax Reform Experience Isn’t Comparable to Kansas West Virginia Legislature Reaches Budget Agreement Who Really Pays Washington State’s Taxes? 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.