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I honestly would just rather have an increased GST/VAT/SalesTax across the board, worldwide. It scales with expenditure, so it taxes luxury. It arguably hits
by chris-orgmenta 3y ago
I honestly would just rather have an increased GST/VAT/SalesTax across the board, worldwide.
It scales with expenditure, so it taxes luxury.
It arguably hits income disparity more widely than a 'robot tax' or other 'automation tax' would.
It is avoidable (I can choose not to buy something with GST, but I get less choice over income tax)
It's more shelf stable - Out of the box it scales, has precedent and needs little (relative) maintenance, perhaps just a 2.5% +/- adjustment every few years/decade.
It (contentious claim) could be less gameable/evadable/avoidable quite as easily as other taxes can (although of course it is hugely gamed by pushing purchases through businesses, but you could argue that it's better than income tax being avoided in the standard ways)
You don't need to worry about brackets.
(Also, I want this to be complemented by international cooperation on MASSIVE taxation on companies with >$xxx,xxx,xxx profit, taxation on capital, etc.)