What is the X Tax?
As a term that was first introduced by Professor David F. Bradford of Princeton University, an X tax is defined as a type of progressive value-added tax system. The conjecture by David Bradford was that this structure of a graduated consumption tax process could replace the current tax system in place for alien corporations that operate in the United States. Here are some basics of the X tax system, as outlined by Dr. Bradford in several of his key papers on the subject. The idea behind the implementation of an X tax would make it possible to collect taxes at several different intervals during the manufacturing process. Essentially, the X tax would be imposed each time the product changed hands. The first round of X tax would be imposed on the raw goods used to create the products offered by the company. A second segment of the X tax would be due on the increase in value that took place as a result of using the raw materials to create a viable product that could be marketed and sold. T
