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by cbarnes99
4 days ago
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VAT is intrinsically regressive because poor people spend all of their money, and wealthy people spend almost none of theirs. Sales tax is no different.
UBI is also an incredible waste. Don't give money to people who don't need it. The person with the 10 million dollar home doesn't need to receive UBI, and they're spending practically none of their money to contribute back into the system with VAT. |
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