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

Boomkop3@reddthat.com ⁨3⁩ ⁨days⁩ ago

• MothmanDelorian@lemmy.world ⁨2⁩ ⁨days⁩ ago

  All consumption taxes are regressive.

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  • Boomkop3@reddthat.com ⁨2⁩ ⁨days⁩ ago

    Fortunately they hit the rich harder than poor. Which means there’s more money for the social programs that keep those who are struggling alive

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    • Maggoty@lemmy.world ⁨2⁩ ⁨days⁩ ago

      They do not.

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      • Boomkop3@reddthat.com ⁨2⁩ ⁨days⁩ ago

        Not everywhere. Tax evasion is a thing, and some countries have messy laws. But for vat it does, rich people simply tend to buy more and more expensive stuff

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• Apepollo11@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Children’s clothing too.

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  • boonhet@lemm.ee ⁨2⁩ ⁨days⁩ ago

    Someone wanna tell me one of those countries with reduced VAT for children’s clothing or bread?

    We get reduced VAT on hotel stays and medicine only. Bread, children’s clothing (or more importantly if you need to use it, milk formula, which is going to cost you more) are all full VAT. Estonian here.

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    • ALiteralCabbage@feddit.uk ⁨2⁩ ⁨days⁩ ago

      In the UK we don’t pay any vat on “essential” goods. And we have a raft of tax relief for lower earners.

      Not that it helps much, but it’s better than a poke in the eye.

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      • Bacano@lemmy.world ⁨2⁩ ⁨days⁩ ago

        it’s better than a poke in the eye.

        Idk why but this comment made me want to watch something with witty British humor and endearing characters

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      • boonhet@lemm.ee ⁨2⁩ ⁨days⁩ ago

        How’s income taxation?

        Here in Estonia we have 22% income tax if you earn enough, but also there’s a 33% tax on the employer’s side + some tiny ones on both sides. 22% sounds completely fine except your pre-tax income is NOT what your employer pays for you, they pay a significant extra. Which is still coming out of your salary in the end, because your employer has to offer you a lower pretax income lol

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    • Boomkop3@reddthat.com ⁨2⁩ ⁨days⁩ ago

      The Netherlands, Germany, France, Belgium, Poland. I just Kagi’d it

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      • boonhet@lemm.ee ⁨2⁩ ⁨days⁩ ago

        Ah fair enough, not sure the reduced VAT for bread of children’s clothing is going to matter much compared to the insane 1000+ euro kindergarten fees per kid monthly (in the Netherlands). Some of the rest might be nice places to live though.

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