3 ms·
> 'repulsively regressive' is an uninteresting cliched opinion. Note that "regressive" is technically an accurate description of the suggested policy. > The m
by banach 10y ago
> 'repulsively regressive' is an uninteresting cliched opinion.
Note that "regressive" is technically an accurate description of the suggested policy.
> The money could go into a pot of course but it's used in the same ways ultimately.
It is not necessarily used in the same way. One reason why progressive taxation is both socially and economically beneficial is that poor people spend a larger proportion of their income, and thus generate demand. The same money, given to the rich, will largely end up as savings.