• Forester@yiffit.net
    link
    fedilink
    arrow-up
    8
    arrow-down
    2
    ·
    edit-2
    10 months ago

    Note the fair tax has specific measures in place to stop this type of exploitation by creating sales tax exemptions for all necessary goods and services. (Food meds gas ECT) and that was supposed to be offset by heavier taxs on luxuries and no exemption for businesses buying essentials. Republicans seem to have as usual. Cut the good part and enshitified what was supposed to be a more equitable result.

    • TigrisMorte@kbin.social
      link
      fedilink
      arrow-up
      10
      arrow-down
      2
      ·
      10 months ago

      Sales Tax is inherently regressive. And is much easier to remove the deductions and exemptions from than an Income Tax.