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Flat taxes drive out the cheaper, lower quality items. Percentage taxes make the more expensive items even less affordable, and often drives people to lower qua
by nickff 3y ago
Flat taxes drive out the cheaper, lower quality items. Percentage taxes make the more expensive items even less affordable, and often drives people to lower quality items.
https://thisdayinwinehistory.com/the-effects-of-british-tariffs-on-the-french-wine-industry-1700-1860/#_ftn3 https://thisdayinwinehistory.com/the-effects-of-british-tari...
- lotsofpulp 3y agoWine is not a relevant comparison in this situation, since it cannot be more repairable or have longevity compared to other wine. For a product you can use over and over and/or repair, a percentage tax would make it so buying the low quality version 5 times is more expensive than buying the high quality version 1 time. For example, right now I buy a pair of shoes every 6 months or so from Costco for $25/$30. With a 100% excise tax, these shoes would cost me $100 or more, and a higher quality pair of $100 shoes that lasts 2 years would interest me instead.
- nickff 3y agoIf you have any actual data to share, please do. That said, I am not inclined to discuss this on the basis of anecdotes and personal insights, especially because I think your aims are misguided. I write all of this while wearing ten-year-old boots which have been re-soled twice.