Hacker News new | past | comments | ask | show | jobs | submit login

Consumption taxes. Let’s end income taxes completely and identity doesn’t matter for taxes.



Consumption taxes (like sales taxes) are heavily regressive and result in the poor shouldering a much heavier share of the tax burdem than the wealthy, proportional to their share of income (let alone disposable income).




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: