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Climate change could cause mass exodus by mid century
wrote:
On Wednesday, December 21, 2016 at 6:19:01 AM UTC-5, Mike Collins wrote: wrote: On Tuesday, December 20, 2016 at 3:27:53 AM UTC-5, Quadibloc wrote: On Thursday, July 14, 2016 at 6:06:05 AM UTC-6, wrote: On Wednesday, July 13, 2016 at 6:36:01 PM UTC-4, Razzmatazz wrote: Consumption tax is highly regressive That is not necessarily true at all. In fact, the more you buy the more consumption tax you pay. That makes it less regressive than a poll tax. But it is still worse than a progressive income tax, which is presumably the standard of comparison being used. One leading example of a proposed consumption tax is the Fair Tax, which does not tax purchases up to the poverty line. You only pay tax on purchases in excess of the poverty line and everyone pays the same rate. Hence the name, FAIR Tax. The rich don't have to buy things. They fly in private jets owned by their companies. Are driven in cars owned by their companies. Live in mansions owned by their companies. The tax still gets paid on the initial purchase of said items. If a company wishes to then offer those as perks to a CEO, so be it. Learn about your own proposals. Business purchases are specifically excluded from fair tax. As are second hand goods. No fair tax here. But you, as an honest citizen are paying their share. No, they would pay for new goods that they consume. If they consume more, they pay more. |
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