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The problem with that is that it's regressive and hurts those who earn less. Let's say sales tax is 10%. If I'm a high earner and buy a cheap Android for $50,
by cblum 8y ago
The problem with that is that it's regressive and hurts those who earn less.
Let's say sales tax is 10%. If I'm a high earner and buy a cheap Android for $50, the $5 I'm paying in sales tax has a much lower impact on my budget than it does to someone who earns less than I do and wants to buy the same phone.
- fxfan 8y agoThanks for commenting. Please see my edit.