Comment on Isn't EU's "VAT" a regressive tax? Why do they have that, instead of something like, taxing the rich?
Stocks and property are taxed, just not with VAT: we have capital gains tax, dividend tax, and stamp duty.
Oh absolutely, it’s just the VAT itself is regressive, not the overall tax system.
Lauchs@lemmy.world 2 days ago
Oh absolutely, it’s just the VAT itself is regressive, not the overall tax system.