Opinion: DeSantis 2024?

[SunsetBengal]

(08-17-2022, 07:59 PM)Belsnickel Wrote: Which is shorthand for "there is no one right answer as long as they are thinking critically based on the assignment." So that make my point.



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 that not fair?  Wealthier people can afford goods and services that cost much more than the average worker, thus paying more sales tax on each transaction. The affluent purchase more expensive homes, vehicles, clothing, general products, etc.  It even goes to basic necessities like groceries and sundries.  Have you ever checked the difference in price for shopping at a Supermarket in a wealthy neighborhood versus in a low income area?  I have, and it's an eye opener.  Don't be so sure that a consumption based tax isn't the right way to go.  Sure, you may have to put different tax rates on some things like commodities such as fuel, but on general consumer products it will lean toward those with more money paying more tax.