2 ms·
Free trade is orthogonal to this goal. For my entire life, the right-wing/libertarian tax proposal has been for the 'flat tax' or 'fair tax', which basically me
by mullingitover 2y ago
Free trade is orthogonal to this goal. For my entire life, the right-wing/libertarian tax proposal has been for the 'flat tax' or 'fair tax', which basically means an across-the-board high sales tax funds the government. This is of course a regressive tax, since the upper echelon classes only spend a small fraction of their incomes, while the lower classes generally spend at least 100% of theirs.
Don't believe that once a high consumption tax has been enacted to replace income taxes, and once trade disputes are settled, that conservatives would ever allow the return of a progressive income tax.