Home › Forums › Financial Markets/Economics › TAX TAX TAX and more TAX › briansd1 wrote:A flat tax is
[quote=briansd1]A flat tax is regressive.
The sales tax is regressive. [/quote]
These are fallacies.
Sales tax is not regressive. The tax does not decrease as the amount subject to tax increases.
A pure flat tax is not regressive. The flat tax rate does not decrease as the amount subject to tax increases.