Just what the poor needed after 4 years of Trump's nonstop assault on the working class. I feel bad for poor people like steve and his boyfriend slew.
Consumption taxes, such as the one proposed in the Fair Tax bill, are never a good idea. The bill, sponsored by a Republican representative, would impose a flat 30% national sales tax on all purchases. This type of consumption tax disproportionately harms the poor as it is regressive in nature.Broad-based consumption taxes, like the one proposed in the Fair Tax bill, are not only wildly unpopular but also ineffective in achieving the desired results. Instead, consumption taxes should be targeted narrowly towards specific items that society wants people to consume less of, such as the gasoline and cigarette taxes. These taxes are implemented to curb carbon emissions and discourage smoking respectively. In conclusion, a broad-based consumption tax like the Fair Tax bill should be avoided as it would hurt the economy and the poor.
https://newrepublic.com/article/1701...onal-sales-tax
