2 ms·
> As a percentage of their income, yes that's true! And (potentially) straight up dollar value. "Rich" people can afford to purchase items in bulk at a discoun
by itake 6y ago
> As a percentage of their income, yes that's true!
And (potentially) straight up dollar value. "Rich" people can afford to purchase items in bulk at a discounted rate. "Rich" people can shop at Sam's club and buy a years supply of toilet paper at once than someone living paycheck to paycheck that buys 1-6 rolls at a time.
Other basic costs like laundry. For a poor person, they need to drive/bus/carry their laundry every week to a mat and pay $5/load. A rich person pays the upfront cost once and enjoys discounted in-home laundry for the life of the appliance.
If items cost less for rich people, then the tax on those items would be lower as well.
> make sure people can still afford the basics
One way to make the basics more affordable would be to not tax them. :)
- valenterry 6y agoThat is why many countries have different consumption tax on basic goods (like raw food or take-away) and non-basic goods (like food when eating out in a restaurant). I think that is a great, despite the overhead and I don't see a reason why this approach should not be taken over having a high income tax.