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A comment on 40% of multinational profits are shifted to tax havens each year. Parent comment

Re:40% of multinational profits are shifted to tax havens ea... by jmcqk6 on Tuesday November 19, 2019 @10:35AM (#21573939)
Consumption taxes are also regressive in that in the lower your income, the harder those taxes become to pay. I would prefer a tax scheme in which you're ability to pay the tax is proportional to the taxes you owe.
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Re:40% of multinational profits are shifted to tax havens ea... by appleiigs on Tuesday November 19, 2019 @11:09AM (#21574475)
It's not regressive. It's a flat tax, everyone pays the flat rate. Feels like spin when you say regressive.
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Re:40% of multinational profits are shifted to tax havens ea... by zerocrates on Tuesday November 19, 2019 @01:02PM (#21576017)
The reason people call a flat consumption tax regressive is that poorer people, even though they're often buying cheaper things, generally spend a much larger proportion of their income on "consumption."
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