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Pet_Ant | 1 month ago

I’m assuming they think that rich people spend more so they pay more. This is a fallacy, because poor people spend a higher portion of their income (over a 100% a lot of the time).

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epolanski|1 month ago

Most economists agree that sales taxes are the fairest because they are always proportional to consumption.

thisislife2|1 month ago

I don't get it - what about "taxing consumption" makes it "fair"? Poor people aren't poor because they spend more money than others. They are poor because they don't have enough money to live a "decent" life (assume a middle-class lifestyle) or to even save it. Right?

lazylizard|1 month ago

i thought most economists would agree that consumption should be encouraged and savings should be discouraged. and that'd be how progressive taxes work? people tend to save more and consume less as their incomes increase?

IAmBroom|1 month ago

Citation required.

The economists I've read disagree strongly.