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This is fine if you don’t mind the poor getting taxed as much as the rich. Inflation taxes everyone the same, meaning the person living on the bread line looses
by Engineering-MD 8y ago
This is fine if you don’t mind the poor getting taxed as much as the rich. Inflation taxes everyone the same, meaning the person living on the bread line looses the same percentage as the ultra Rich.
That’s a political opinion, but explains why it’s not been implemented.
- dvdcxn 8y agoA theoretical solution to that would be an inflation scaling bursary given to low income workers.