It’s disingenuous to consider one’s total income when weighing the fairness of a tax like sales tax. The thought that a sales tax is somehow benefiting one group over the other is ridiculous far left extreme thinking.

You pay for a service and that service has a rate. To think that the only good kind of taxation are those that are progressive is the dumbest thing I ever heard.

▲

oblique 2 days ago | parent | next [-]

The taxes will have to come from somewhere. Tariffs are a regressive tax because money spent on goods will increase sublinearly with income. The % of total income spent on tariffs passed onto the consumer is therefore higher the lower your income is. It's not "ridiculous far left extreme thinking", it's basic math.

▲

czzr 2 days ago | parent | prev | next [-]

It’s very, very basic economics - the marginal utility of money decreases, so progressive taxation is better than regressive taxation.

▲

SpicyLemonZest 2 days ago | parent [-]

It's basic economics in the sense that it's an oversimplified toy model. In the real world, every country I'm aware of gets a substantial amount of its tax revenue from consumption taxes, and indeed the US's lack of VAT means it's currently much more dependent on progressive income taxes than peer countries. (https://www.oecd.org/content/dam/oecd/en/topics/policy-sub-i...)

	▲	czzr 2 days ago \| parent [-]
		I responded to a comment that called progressive taxation a crazy “far left” idea - I’m not sure the second and third order details of taxation policy are really relevant here… But ok - yes, sure, in real life it’s a mix and the mix is worth debating. Note also that consumption taxes often have exemptions/reductions to offset the most severe regressive effects.

▲

oaiey 2 days ago | parent | prev [-]

With great power comes great responsibility. Is as simple as that.

Is true when you are a strong man, is true when you are a family father and is true when you are a rich person.