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It's still regressive because the utility of money isn't constant. A dollar is worth more to someone with less money.
by Zanni 6y ago
It's still regressive because the utility of money isn't constant. A dollar is worth more to someone with less money.
- alexmingoia 6y agoThe utility of money cannot be made constant with a tax, so I’m not sure what you consider the distinction between a regressive and progressive tax?