4 ms·
A just tax would be a consumption tax. Rich people consume more, so it makes sense and is fair to pay more to a society you consume more from. If you make a l
by zionic 5y ago
A just tax would be a consumption tax.
Rich people consume more, so it makes sense and is fair to pay more to a society you consume more from.
If you make a lot of money and live frugally why should you pay more?
- thehappypm 5y agoNo, that's not really fair. Someone poor might spend all their income on consumption to stay alive. Someone rich is going to save a lot of their income. Effective tax rates would be higher the poorer you are.
- standardUser 5y ago"A just tax would be a consumption tax." I don't want a just tax I want a tax system that is effective. When vast amounts of wealth continually become concentrated in the hands of a tiny amount of people, the only effective tax regime is one that extracts wealth from the people who have all the wealth.