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These arguments are great in theory, but they miss what I think is the most important reason for the current tax system: capitalism survives by spending NOT sav
by arberx 6y ago
These arguments are great in theory, but they miss what I think is the most important reason for the current tax system: capitalism survives by spending NOT saving.
If you deincentivize consumer spending by enacting larger taxes on consumables/services, that's inheritly bad for the overall economic system.