4 ms·
> The tax that hurts the poor the most is obviously the sales tax. Right, which is a flat, or proportional, tax.
by stiva 9y ago
> The tax that hurts the poor the most is obviously the sales tax.
Right, which is a flat, or proportional, tax.
- lend000 9y agoIt's not really proportional, which is why it hurts the most. Wealthy people (who don't buy extravagant things) have most of the same basic expenses as the poor, and the sales tax can really be seen as a regressive income tax that eats up a larger portion of the income of the poor.
- s73ver 9y agoAnd the flat tax proposal is the same.
- lend000 9y agoA simple flat tax, yes -- not arguing with that. But your statement here is incorrect, because negative income tax variants certainly are not the same: > There has never really been a compelling scheme for a flat tax that solves the problem inherent to it
- dragonwriter 9y ago> Right, which is a flat, or proportional, tax. It's not a flat tax on income, since marginal spending declines with income. Every tax can be construed as flat relative to some measure.