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Seems like the income tax is more moral as it's a progressive tax. How is a consumption tax more moral?
by rat87 5y ago
Seems like the income tax is more moral as it's a progressive tax. How is a consumption tax more moral?
- wsc981 5y agoBecause if people consume more, they would pay more and wealthier people generally consume more. The problem with income tax is that low income people risk being put in jail if they can't pay their taxes. And rich people can easily avoid income tax anyway (e.g. earn 1 USD a year from the job and get paid in stock or donate most income to a foundation that is in their own control). An extra tax on luxury goods (private airplanes, yachts) would also be ok by the way.