DavriellelounaUS States that tax groceries
Taxing medicine and food is fucking obscene. At least Florida gets that much right.
In my country we have a flat 25 % tax on anything sold to an end consumer. It’s often mentioned as the most important tax we have to equalise the economy and finance the welfare state.
The point is that, because it’s a flat rate, you end up paying more the more money you have. If you only buy cheap groceries, that 25 % isn’t a huge amount of cash, while if you buy an expensive boat or car, it becomes quite a bit. This turns out to be a great way of ensuring that anyone who wants to “live rich” pays a decent amount for it.
you end up paying more the more money you have.
No, you pay the more you spend. This incentivizes hoarding wealth in investments.
Flat taxes are regressive. The poor pay a much larger percentage of their disposable income because necessities are a larger percentage of their income.
If someone makes $1k a month and it costs $1k a month to live, how is it fair that we charge them the same amount of tax as someone who makes $2k and spends $1k to live? We’re forcing that first person to suffer so the second person can hoard.
Thanks for adding this, most people don’t understand that flat taxes hurt poor people more.
Also, essentials for survival really shouldnt be taxed at all in my opinion.