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Sales taxes predominantly tax the lower paid more - who spend more of their earnings. I'm not sure how this would make hedge fund managers who's net worth and
by helsinkiandrew 5y ago
Sales taxes predominantly tax the lower paid more - who spend more of their earnings.
I'm not sure how this would make hedge fund managers who's net worth and amount invested might go up billions in a year but don't get paid or spend that amount.
https://en.wikipedia.org/wiki/FairTax#Distribution_of_tax_burden https://en.wikipedia.org/wiki/FairTax#Distribution_of_tax_bu...