erfderd

8 ms·

1. 1.▲
   by erfderd 7y ago

   That should eliminate all the income from the VAT and then some, so the firefighters are still dropping your calls. $ 1000/adult month = $ 12 000 / adult year. -> requires $120 000 of disposable income spent per adult . Very f
2. 2.▲
   by erfderd 7y ago

   So you're arguing for an increase of our sales tax. That's different than saying we don't pay sales tax! Now, I don't disagree that a mechanism that tames American consumption would be good, and is also counter cycle t
3. 3.▲
   by erfderd 7y ago

   Ya, Canada used to have a VAT like tax, and then got rid of it in the 90s. My question was honest though. Is there something special (good) about VAT vs. sales tax that I'm missing? Because the OP implied we don't pay sales tax in
4. 4.▲
   by erfderd 7y ago

   I'm not against sales tax; there are many benefits to it. However A 10% sales tax is a 10% tax on poor people's disposable income since they have almost no savings. How do we square that regressive circle?
5. 5.▲
   by erfderd 7y ago

   We pay sales tax. What's so special about VAT vs. sales tax? Unless you are arguing for a federal sales tax, which OK sure federal tax is great, except it doesn't pay for local services. Also, now you also have to argue about th