Re:Hong Kong: UK makes citizenship offer to residents
by iguy on Thursday July 02, 2020 @06:29AM
(#23711776)
The logic of calling a flat sales tax regressive is (I think) that poor people spend most of their income, while rich people save more, and thus pay a lower percentage of their income.
Agree that this isn't a great way to look at things. And that (as you say) there are often different rates of sales tax on potatoes vs yachts.
Agree that this isn't a great way to look at things. And that (as you say) there are often different rates of sales tax on potatoes vs yachts.