Duffy wrote:
If you want to talk about regressive taxes we need to look at taxes on alcohol and (most regressively) tobacco products. Those taxes are almost entirely paid for by lower income people (and those taxes are loved by the left, ironically).Duffy wrote:
King Duffy would decree all fast food, booze, smokes, cookies, sweets, candy, "junk food"...basically any "processed food" (and I personally would like to see bread as part of that) would be taxed.Pick one.
I think sin taxes are silly. I do, however, support things like a gas tax, or toll roads/bridges, so that those who are using infrastructure are paying for it.
As to my comment about regressive taxes: if you look at the effect of a sales tax, *as a percentage of their income*, the poorest are worse off. Why? They live paycheck to paycheck. Whereas someone wealthy tends to roll much of their incoming dollars back into investments.
Washington state exempts grocery food items from the sales tax which alleviates some of the burden, but overall I'd say a sales tax or VAT tends to favor the rich and hurt the poor.