5 ms·

I could see how taxing standard of living rather than a high income could be a good thing.

• dragonwriter 13y ago
  > I could see how taxing standard of living rather than a high income could be a good thing. That certainly seems like an argument that could be made, but I don't see that ownership of real property alone is a better proxy for "standard of living" than income is, so I don't see how any such argument would be relevant to the claim made with regard to property taxes. (Consumption -- as is the focus of sales and use taxes -- is probably a better proxy for "standard of living" than real estate ownership is and might be better than income, but I still don't think flat consumption taxes are more progressive against standard of living than progressive income taxes are.)