True Cost Economics is currently creating a sizable ruckus in the academic world, and its value as a system of thought is starting to be recognized by the economic establishment. -- Brendan Themes Go there >>True Cost Economics
Combined with the fact that sales tax is tied to consumption rather than income, this leads some to the conclusion that low-income individuals and families pay a greater proportion of their incomes in sales taxes, therefore sales tax is regressive. You're supposed to read regressive as unfair.
A small tax is regressive, but also effective in educating us & helping to encourage different choices. A vivid little picture of the amount of sugar & fat on the label of the junk food we buy would be great, as well as a âhealth taxâ on all that stuff. But industry & folks like you would go berserk at that.The obesity crisis IS a REAL crisis in this country, as is the cost of health care. small tax is regressive, but also effective in educating us & helping to encourage different choices. A vivid little picture of the amount of sugar & fat on the label of the junk food we buy would be great, as well as a âhealth taxâ on all that stuff. But industry & folks like you would go berserk at that.