08-17-2022, 08:16 PM
(08-17-2022, 07:59 PM)Belsnickel Wrote: Consumption based tax systems are inherently regressive meaning that the lower your income the higher proportion of your income is taxed, meaning that lower income people have a higher effective tax rate. How is that fair?
How is everyone paying the same tax rate NOT fair? In all aspects of life, except taxes, we pay the same thing for goods and services. If we can't afford those goods and services, then government funded programs come into play to bridge that gap.
We pay the same price for everything else in life. Why does it make sense that taxes be progressive? Hint: It doesn't.