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Considering what it excludes the rich will make out like bandits compared to those it claims to help. They already spend less of their incomes on consumption wh
by Shivetya 7y ago
Considering what it excludes the rich will make out like bandits compared to those it claims to help. They already spend less of their incomes on consumption while at the same spend a much higher amount on luxury versions of those categories.
As with any government tax and benefits program, it is what comes out of committee that will truly matter. VAT taxes usually land harder on the middle class than upper or lower simply because of how people typically spend their income. They are great though at masking the cost of government and increases in the cost and goods of services is more likely to be put upon the provider of each rather than government.
Reducing costs, fines, and fees for required government services and licensing would go a lot further to reducing the burden on the poor, that $36 driving license renewal doesn't look annoying at 120k but at 25k it means something.