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22. If it were SPECIFICALLY APPLIED to paying off the national debt, I'd be in favor of that.

Sat Feb 1, 2020, 08:11 PM

Feb 2020

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How a VAT could tax the rich and pay for universal basic income [View all] redqueen Feb 2020 OP

Never count on the rich Cartoonist Feb 2020 #1

It also hits companies who currently avoid federal taxes altogether. redqueen Feb 2020 #2

It wasn't just one item. Cartoonist Feb 2020 #8

VAT alone is regressive. VAT+UBI is very progressive. nt redqueen Feb 2020 #9

In the EU the value added tax is about 15%. It's a sales tax so it comradebillyboy Feb 2020 #3

In theory yes. In practice no. redqueen Feb 2020 #11

The point is that most of it then comes back to everyone via the UBI muriel_volestrangler Feb 2020 #13

In the US we have neither UBI nor VAT. Good luck enacting a comradebillyboy Feb 2020 #14

You don't have Medicare for All, either muriel_volestrangler Feb 2020 #16

What you say is true. PETRUS Feb 2020 #17

Yes, I prefer separate taxes for the financial industry issues. redqueen Feb 2020 #18

Yeah, I also think an FTT is a good idea. PETRUS Feb 2020 #19

Thanks! redqueen Feb 2020 #20

Because lobbyists. redqueen Feb 2020 #27

Thanks for the info. safeinOhio Feb 2020 #4

It can be tailored to exempt necessities redqueen Feb 2020 #15

Do you think it would be a winning issue for a campaign? MichMan Feb 2020 #23

Right? redqueen Feb 2020 #25

That won't help people. redqueen Feb 2020 #26

This message was self-deleted by its author Cartoonist Feb 2020 #5

Read it again - VAT + UBI progressive redqueen Feb 2020 #29