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Referring to VAT as a less visible tax is ... a take, consumption taxes are around 20% of total tax income in the OECD, you'd have to tax income a lot more to m
by arlort 4y ago
Referring to VAT as a less visible tax is ... a take, consumption taxes are around 20% of total tax income in the OECD, you'd have to tax income a lot more to make up for that, it's not really viable. (Income and profit taxes currently make up 33% for comparison)
And the effects on lower incomes gets mitigated by transfers and support programs and that tends to be good enough for left leaning legislatures