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I would assume they would raise prices so margins stay similar, though I don't know if that's been experimented with. Even if it does mean less restaurants and
by akvadrako 6y ago
I would assume they would raise prices so margins stay similar, though I don't know if that's been experimented with.
Even if it does mean less restaurants and less eating out, there is nothing inherently more unfair about it.
- Aunche 6y agoThat just benefits vertical integration. Amazon would pay less taxes in Amazon basics than third party goods. What you really want is a VAT. You're only taxed on the value add of your product. It's widely regarded as the most efficient tax and the US is one of the only countries that doesn't use it.
- akvadrako 6y agoI agree there are some issues with a revenue tax, but VAT isn't good enough because you really want to capture B2B transactions. You can also see for example the digital services tax introduced by France because VAT was not proving effective.