Republicans’ proposed 30% national sales tax would raise the prices of:
—Gas
—Groceries
—Housing
—Medicine
—Much more
334
535
48
1,246
Does that mean you would like the consumption tax to replace income tax idea if it was filed by Democrats in Congress instead of Republicans?
1
1
Again, very low income earners (who spend all of their money) can have an effective tax rate of 0% if their spending is equal to the poverty line.
Meanwhile, they may still have an effective tax rate >0% with the repulsively regressive payroll tax in the current system.
Feb 5, 2023 · 6:20 PM UTC


