Re: Once again
cannot make the argument that 10% on everything you buy is regressive!
We have VAT, a set percentage on sales and it is recognised as being incredibly regressive.
Put in easy words for you: The poor spend a larger proportion of their income on essentials than the wealthy so proportionately more of their income goes to tax than it does for the rich person.
That pretty much the definition of "regressive" taxation.
Biting the hand that feeds IT
