All transactions? You envision a VAT were we tax saving?
by ufl (2024-02-21 08:19:50)
Edited on 2024-02-21 10:43:34

In reply to: Not if all transactions are taxed  posted by 88_92WSND


People with low incomes save less. That's the basis for the regressivity.

Yes. I guess you could wed a negative income tax to a VAT and claim that the combination is less regressive or not regressive but the VAT part is still the VAT part.