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progree

(13,081 posts)
7. Sales taxes are regressive, income taxes are progressive
Sat Jun 30, 2018, 01:29 PM
Jun 2018

So they are replacing a progressive tax with a regressive tax. Fucking greedbangers.

(Even a "flat" income tax (one with the same rate for all income levels) will almost certainly have an exemption / standard deduction to shield the first few thousand dollars of income from taxes, so it isn't quite flat overall but somewhat progressive. And if you have a bad year, e.g. a few months of unemployment, your income taxes goes down, but not your property taxes and not your sales taxes beyond what belt-tightening you can manage to do).

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