Re:The Housing Market in San Francisco and Ideas to Fix It
by shkkmo on Friday April 08, 2016 @03:22AM
(#11453109)
Sales tax is regressive and thus should not be the main source of tax revenue, we cannot push this burden onto the shoulders of people who already have the least.
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Re:The Housing Market in San Francisco and Ideas to Fix It
by coroutines on Saturday April 09, 2016 @12:43AM
(#11459957)
I think we currently suffer from a tax system that enables double-taxation by default - unless you're fairly good filing your taxes and know where to claim deductions. My parents raised me to be knowledgeable of what's a work expense, and things have gotten easier with Turbo Tax - but it still surprises me how many of my friends and relatives file a 1040EZ.
Personally I think it's strange that we start at 10% income tax on people making so little.
Re:The Housing Market in San Francisco and Ideas to Fix It
by paulddraper on Saturday April 09, 2016 @12:18PM
(#11461895)
You're technically correct, though I've found regressive always makes it sound like poor people pay more, when in reality poor people pay less.
Anyway, most high sales tax proposals come with a post capita rebate.