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Sales taxes are regressive. No idea how to analyze the total burden of some unspecified package of "taxes at the point of exchange" but in any case, what's the
by benzible 2y ago
Sales taxes are regressive. No idea how to analyze the total burden of some unspecified package of "taxes at the point of exchange" but in any case, what's the rationale for this vs., say, taxing capital gains as ordinary income, or eliminating the carried interest loophole? Seems like this just comes down to your personal preferences.
- tracker1 2y agoI didn't say sales, I said exchange. Again, my personal preference is not to deprive someone of property for living another year.