Sales tax instead
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Exchange sale tax for property tax!
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Profile of Hedgehog Hornet
Posted by:Hedgehog Hornet
6 months ago
Consider that there are two people. Person 1 makes $40,000/year. Person 2 makes $200,000/year. Over the course of the year each of them spends $10,000 on items that are subject to a sales tax of 5%. For the person making $40,000 that $500 tax bill is kind of significant. For the person making $200,000 it's hardly a blip in their budget.
Sales taxes are regressive just like property taxes.
Posted by:Anonymous
6 months ago
@Hedgehog Hornet also sales taxes impose a burden on small businesses to calculate and collect them.
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Current status
proposed
