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True, the US sales tax thing is a great case-study on how it doesn't work. Taxing revenue probably also doesn't work due to large differences in margin. If you
by t0mas88 6y ago
True, the US sales tax thing is a great case-study on how it doesn't work. Taxing revenue probably also doesn't work due to large differences in margin. If you tax 1% on the revenue of a 1.5% margin kind of business it sounds rather unfair, charging a 1% revenue tax on a business with 90% margin sounds low.
So indeed there is no clear simple implementation strategy for this yet.