Comment on VAT's The Problem campaign hopes to stop the tsunami of restaurant closures we're seeing right now
Fedegenerate@fedinsfw.app 1 week ago
VAT is a regressive tax. so it’s replacement with a wealth tax should be supported by all… Except the wealthy I guess. But VAT needs replacing, not removing.
Armand1@lemmy.world 6 days ago
I think VAT is a pretty good system, with minimums below which you don’t get taxed and an increasing percentage as you make more money.
I just think it should be way higher at the high end, and we need to increase capital gains tax and inheritance tax.