3 ms·
Consumption taxes are highly regressive. Pure consumption taxes would plunge USA into an even higher degree of inequality. The most progressive way to tax a pop
by mvdtnz 2y ago
Consumption taxes are highly regressive. Pure consumption taxes would plunge USA into an even higher degree of inequality. The most progressive way to tax a populous is taxing incomes and wealth progressively.
- SoftTalker 2y agoYou could give everyone an exemption. That would require some minimal tracking of identity and whether or not the exemption had been paid, but no details on income, wealth, family status, etc. I fundamentally disagree that earning money or saving it should be taxable in and of itself. We should encourage that as much as possible. But others differ.