3 ms·
I'm glad the article points out the cruel government incentive to buy rather than rent. It's one of the few regressive taxes (other than the lottery, some migh
by ShabbyDoo 18y ago
I'm glad the article points out the cruel government incentive to buy rather than rent. It's one of the few regressive taxes (other than the lottery, some might say) that we have in the US.
- colins_pride 18y agoDon't forget cigarette & alcohol taxes
- ShabbyDoo 18y agoGood point. When Cleveland levied a new sin tax to finance its stadium, the local labor unions opposed it citing the unfair burden such taxes place on their members!
- fortes 18y agoSales taxes are also regressive, because expenses are a much higher percentage of income for those that make less. This is also true for payroll taxes.