Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>It's worth noting that the UK, France, Germany, Sweden, Australia, and almost every other western democracy finance very large chunks of their governmental expenditures via high consumption taxes.

They do, but they also have higher overall tax rates, which includes an income tax. It's hard to point to European-style VATs as an argument for replacing income tax in the US when that's not how most European governments use VATs.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: