I really enjoy your snarky tone, but can you explain how any consumption tax regardless of labeling are not regressive when poor people consume a lot more of their income than people with people with higher incomes? Sure you can mitigate this by only taxing x products or offering rebates to poor folk. But it just seems like it is inherent to the system.
It seems to me that progressive income taxes, direct taxes on profits of corporations, wealth taxes, and the like are much better targeted and don’t harm the poorest among us. But I’m from a “ridiculous country” so what do I know?
I really enjoy your snarky tone, but can you explain how any consumption tax regardless of labeling are not regressive when poor people consume a lot more of their income than people with people with higher incomes? Sure you can mitigate this by only taxing x products or offering rebates to poor folk. But it just seems like it is inherent to the system.
It seems to me that progressive income taxes, direct taxes on profits of corporations, wealth taxes, and the like are much better targeted and don’t harm the poorest among us. But I’m from a “ridiculous country” so what do I know?