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What's the craziest thing we just take as granted? (sh.itjust.works)

submitted 1 year ago by lom@sh.itjust.works to c/asklemmy@lemmy.ml

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[–] drbluefall@toast.ooo 4 points 1 year ago

No, because you're charging people the same effective rate regardless of their ability to pay.

Someone in the 0.1% of the 0.1% can afford to give a lot more of their income than someone in the bottom 25%. As such, a flat tax rate would negatively impact lower income taxpayers compared to high-earners.

Hence why I described it as "regressive" in my earlier comment.