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Consumption based taxes are regressive, not progressive, though, even if the rich consume more in absolute terms. The key is they consume less in relative terms
by dannyw 6y ago
Consumption based taxes are regressive, not progressive, though, even if the rich consume more in absolute terms. The key is they consume less in relative terms.
- Ericson2314 6y agoIt makes no sense to judge the tax isolation anymore than it makes sense to judge the dividend in isolation.