3 ms·
I agree it is a regressive tax. Re-reading my comment I can understand that it may seem that I don't agree with that. Sorry about that. However, I fail to see
by itcrowd 7y ago
I agree it is a regressive tax. Re-reading my comment I can understand that it may seem that I don't agree with that. Sorry about that.
However, I fail to see why regressive taxes are bad in general and why VAT is bad in particular.
I was originally interested in the question by someone else before me:
> I'd be interested to hear your reasoning for why you think sales tax is so bad.
- pmiller2 7y agoRegressive taxes are bad because they place a higher burden on people least able to pay versus those with more income to pay the tax.