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Well right now the rich and poor are equally taxed with value added tax of 19% for everything they consume here (except for food and book 7%) whick means that i
by halotrope 11y ago
Well right now the rich and poor are equally taxed with value added tax of 19% for everything they consume here (except for food and book 7%) whick means that it would be technically possible since it is already happening, right? VAT in Germany is generating about 20bn a month in revenue
- loumf 11y agoThere is nothing equal about it. The poor are paying a higher percent of their income in VAT and the average rich person is probably paying more actual euros than the average poor person. You need an income/wealth based approach to get more tax. If you keep raising the VAT, you eventually stop economic activity (or push it to black markets)
- halotrope 11y agoI think this is happening in greece at the moment to some extend. True. Again I was much rather asking for some potentially crazy way to implement this that I could not think of.