Quote:
Originally Posted by jimjamuser
Actually, a sales tax would APPEAR TO BE a fair tax. But, like all flat taxes it in reality punishes the lower wealth people who own almost NOTHING SO must buy clothes, food, school supply and etc. Think about what % of their small income that these necessities represent. (it is HIGH)
..........Now think about what % food and clothes mean to a rich UBER 1% ER. Food and school supplies to them represent about NOTHING as a % of their GIANT incomes.
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But your beloved Scandinavian countries all have a VAT...
Sweden, Finland and Denmark all at 24-25%...
Value Added Tax Rates (VAT) By Country | Tax Foundation