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There 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 th
by loumf 11y ago
There 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.