The poor pay taxes too, in fact they pay the highest percentage of their income because they have to spend most of their income and can’t afford to invest or save. By removing the burden of taxes you give them additional funds that they could invest, save or spend on necessities and let charities, non profits, donations fund infrastructure. What’s more beneficial to a poor person, extra 2 meters of road in their neighborhood or doubling their paycheck?
Sales tax, gas tax, utilities tax, property tax directly or included in rent, excise, all of the taxes imposed on businesses and their owners trickle down to the consumers because they have to increase the price of their products and services to cover what they pay in taxes. Every single tax is always pushed onto the last link in the chain - the consumer, and the poor have to spend the biggest part of their paycheck on consumption.
But the idea of a tax system is flawed to the point that it’s impossible to apply it fairly because the consumer is always the one paying, no matter what you change you can’t get away from it.
Doesn’t matter if you’re Elon Musk or a regular guy you both eat the same amount, sure a regular guy will get a $5 hotdog every day and Elon will get $500 stake every day but that’s peanuts compared to what his companies are supposed to pay and in reality is covered by regular everyday consumers.
The poor pay taxes too, in fact they pay the highest percentage of their income because they have to spend most of their income and can’t afford to invest or save. By removing the burden of taxes you give them additional funds that they could invest, save or spend on necessities and let charities, non profits, donations fund infrastructure. What’s more beneficial to a poor person, extra 2 meters of road in their neighborhood or doubling their paycheck?
The poor, at least in the U.S., are exempt from income tax.
Sales tax, gas tax, utilities tax, property tax directly or included in rent, excise, all of the taxes imposed on businesses and their owners trickle down to the consumers because they have to increase the price of their products and services to cover what they pay in taxes. Every single tax is always pushed onto the last link in the chain - the consumer, and the poor have to spend the biggest part of their paycheck on consumption.
Once again, you are talking about it being unfairly applied. No one is arguing that an unfairly-applied tax system is a good idea.
But the idea of a tax system is flawed to the point that it’s impossible to apply it fairly because the consumer is always the one paying, no matter what you change you can’t get away from it.
“The consumer.” As if every consumer was equal. No difference between the guy panhandling on the corner and Elon Musk.
Doesn’t matter if you’re Elon Musk or a regular guy you both eat the same amount, sure a regular guy will get a $5 hotdog every day and Elon will get $500 stake every day but that’s peanuts compared to what his companies are supposed to pay and in reality is covered by regular everyday consumers.
Of course it matters. You don’t tax everyone the same way in a system where taxation is applied fairly.
If you tax the rich more they’ll increase the prices to offset the cost and you’ll end up paying $20 for bread to cover it.