Sockenklaus@sh.itjust.workstoNo Stupid Questions@lemmy.world•Isn't EU's "VAT" a regressive tax? Why do they have that, instead of something like, taxing the rich?
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2 days agoYes, you’re correct: Poorer people spend most of not all of their available on income on everyday goods like groceries, clothes, etc…
Richer people spend (relatively speaking!) less of their available income on these items and save me
Yes, you’re correct: Poorer people spend most of not all of their available on income on everyday goods like groceries, clothes, etc…
Richer people spend (relatively speaking!) less of their available income on these items and save me