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ihsw | 12 days ago

Or property taxes should be eliminated because they are subject to abuse, and instead sales tax should be the primary source of income for all governments.

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DiggyJohnson|12 days ago

Is there a term for this approach? I don’t think it’s ludicrous enough to be flagged and buried at least…

h3lp|11 days ago

I guess it would be a consumption-based tax. The usual argument against it is that it's regressive: the poorer people spend higher percentage of their income on consumption, and therefore end up with a higher tax burden relative to their income. This can be counterbalanced by e.g. not taxing groceries/food but it becomes a whackamole tax breaks game quickly---should we also exclude fuel/housing/educational expenses/etc.