3 ms·
Luxury goods Progressivity on residential structure value i.e. “mansion tax”
by everybodyknows 6y ago
Luxury goods
Progressivity on residential structure value i.e. “mansion tax”
- deleted 6y ago[deleted]
- nostrademons 6y agoTaxes on luxury goods actually discourage economic activity more than income taxes, because the elasticity of luxury goods is very high. It's just that the average voter doesn't care that this economic activity is discouraged because they never partake in it anyway.