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munk-ayesterday at 10:43 PM1 replyview on HN

Consumption taxes are almost always regressive and improperly place the majority of the tax burden on the poor - they're good to have (especially the sin taxes and tax discounts on specific encouraged behaviors) but they should be coupled with taxes on wealth (aka property) and income. And these taxes should be somewhat complex - just not to the extent we have today.


Replies

claytongulickyesterday at 11:54 PM

> they should be coupled with taxes on wealth (aka property) and income

Why?