Quote:
Originally Posted by iggy_oi
Because poor people usually have to spend all of their money and rich people usually can’t spend all of their money.
Also anyone advocating for a flat sales should really look into how much tax revenue GST accounts for. It shouldn’t take too long to figure out how pie in the sky the concept of expecting new sales taxes to make up for all income and corporate tax revenue really is.
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The Northern European countries that have managed to create something close to the egalitarian societies many here are calling for have VATs (sales taxes) of 20-25 per cent.
By EU law, all member states must impose at least a 15 per cent VAT.