Comment on Isn't EU's "VAT" a regressive tax? Why do they have that, instead of something like, taxing the rich?
How the fuck you think they pay for healthcare and social programs?
Taxing at point sale is a weird way to do it.
A better way (in my opinion) is by income, the higher, the higher your tax rate.
A VAT is essentially like a “flat tax” rate in the US.
We do that too.
Not sure about countries in the EU, but in the UK your income is taxed at different rates depending on how much you earn in a year.
IDKWhatUsernametoPutHereLolol@lemmy.dbzer0.com 2 days ago
Taxing at point sale is a weird way to do it.
A better way (in my opinion) is by income, the higher, the higher your tax rate.
A VAT is essentially like a “flat tax” rate in the US.
MurrayL@lemmy.world 2 days ago
We do that too.
Not sure about countries in the EU, but in the UK your income is taxed at different rates depending on how much you earn in a year.