jeffw@lemmy.world to politics @lemmy.world · 2 months agoTrump and Harris agree on “no tax on tips.” They’re both wrong.www.vox.comexternal-linkmessage-square81fedilinkarrow-up1216arrow-down118
arrow-up1198arrow-down1external-linkTrump and Harris agree on “no tax on tips.” They’re both wrong.www.vox.comjeffw@lemmy.world to politics @lemmy.world · 2 months agomessage-square81fedilink
minus-squareobre@lemmy.worldlinkfedilinkarrow-up19·2 months agoIncome tax can be set up as a progressive taxation system, but sales tax, even with an added luxury tax is inherently regressive because poor people spend more of their money as a proportion of their income.
Income tax can be set up as a progressive taxation system, but sales tax, even with an added luxury tax is inherently regressive because poor people spend more of their money as a proportion of their income.