News for hackers. Stuff that matters.
Re:Tariffs result in 10% laptop price hike in U.S. says Acer... by AnthonyMouse on Tuesday February 18, 2025 @12:54PM (#43092876)
Neither sales nor income taxes are "a percentage of their wealth" in any case. The issue is that in practice their declared income isn't inherently higher than their spending and it's often lower, so the argument that the existing income tax would collect more from them than a consumption tax is erroneous.

There are no comments on this comment yet.