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Better yet a healthy consumption tax.
by savanaly 11y ago
Better yet a healthy consumption tax.
- toomuchtodo 11y agoConsumption taxes are typically regressive, and overly impact low-income consumers.
- crdoconnor 11y agoThey're always regressive. That's why the rich love them.
- savanaly 11y agoForgive my ignorance but how are they regressive? If you tax the money people spend and the rich spend more, that's neither regressive or progressive right? And to get the right amount of progressiveness we could just adjust the percentage tax on luxury items.