Re:Exit Tax: Leave Germany before your business gets big
by pydry on Friday August 08, 2025 @11:29AM
(#44838200)
The attraction of consumption taxes largely IS that they are regressive. That's certainly why people like Bob McNair pushed them.
A billionaire who spends 0.2% of their wealth every year, paying a 100% consumption tax on that would still have a vastly lower relative tax burden than somebody who spends their whole paycheck but only pays 50% consumption tax.
A billionaire who spends 0.2% of their wealth every year, paying a 100% consumption tax on that would still have a vastly lower relative tax burden than somebody who spends their whole paycheck but only pays 50% consumption tax.