Comment on Isn't EU's "VAT" a regressive tax? Why do they have that, instead of something like, taxing the rich?

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Barbarian@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

There’s another factor that nobody mentioned: the sales tax in EU countries is different for different products. This allows countries to incentive or disincentivize different classes of products by ramping the sales tax up or down. Higher tax on junk food, cigarettes and/or alcohol, low or nonexistent sales tax for basic ingredients.

Interestingly, France and the Czech republic tax wine and beer respectively like basic food.

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