3 ms·
It was more of a dig at some of the previous attempts at mooting such taxes, the "Fair Tax" was one of them. I agree it's an alternate way to approach fairness
by Nursie 6y ago
It was more of a dig at some of the previous attempts at mooting such taxes, the "Fair Tax" was one of them.
I agree it's an alternate way to approach fairness, I just find it a bizarre one. If taxes are to stay at roughly the same gross take as they do now in, for instance, the UK, VAT would have to rise from 20% to approximately 100%, which would be utterly ruinous for the poorest, but barely noticed by others.