I read the plan and listened to the Kudrow interview, and if I recall correctly, he mentioned that with static scoring, the 10 year cost would be under $4 trillion, and with relatively conservative dynamic scoring, under $800 billion for 10 years.
Then, I read that the tax is on REVENUE minus expenses and capital expenditure. And combined with the numbers he’s reporting, that’s what leads me to believe he’s not allowing expenses to include wages, broadly speaking. Because, then, it eould be more like a VAT, which could raise a bunch more money with deceptively lower rates.
As well, in the Kudrow interview, Larry Kudrow called it a sort of a VAT, or words to that effect.
Kudrow =Kudlow
My damned spellchecker kept changing “l” to “r”.