4 ms·
Eh, you can, just not easily at point of sale. You can give credits/rebates (either to all in the form of a UBI, or targeted by income) to offset the amount peo
by patmcc 3y ago
Eh, you can, just not easily at point of sale. You can give credits/rebates (either to all in the form of a UBI, or targeted by income) to offset the amount people will pay in VAT, or you can have different rates for e.g. "essentials" vs luxuries. See https://www.oecd.org/tax/reassessing-the-regressivity-of-the-vat-b76ced82-en.htm https://www.oecd.org/tax/reassessing-the-regressivity-of-the... - lots of countries that have implemented VATs are able to make them somewhat progressive.
Wish we'd just bite the bullet and move towards a land value tax though.