• FishFace@piefed.social
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    3 days ago

    Wut. Poor people spend more of their money so have to pay a higher proportion of their income in things subject to vat.

    You can raise far more money from taxes than what a set out, but it involves taxing “ordinary people” more. This is exactly the current debate in the UK. The point is, if you want to raise a lot of money to truly solve poverty, you can’t just tax the very rich; you also have to tax the merely comfortable.

    I actually agree that this is probably the right thing to do, but it’s extremely unpopular, because the merely comfortable are taxed quite highly by historic UK standards.