MostlyHarmlessMar 2
Show threadMartin Bodlák 💙💛Mar 2
@MostlyHarmless at some moment, there was a (rather theoretical) discussion about completely replacing income tax with only VAT… I wonder if it would work IRL
Show threadguteIT
@babaq @MostlyHarmless
Not for the poor. They spend all they earn.
Mar 2 at 7:11amWeb
Show threadMartin Bodlák 💙💛Mar 2
@guteIT … and?
@MostlyHarmless
Show threadMattChippyteaMar 2
@guteIT @babaq @MostlyHarmless for people earning below the income tax bracket this would undoubtedly lead to increased rates of vat which means they’d be hit very very hard.