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Does this plan make sense? v2 (lemmy.world)

submitted 8 months ago by 3volver to c/general

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[–] AA5B 7 points 8 months ago (1 children)

Whats a luxury item for purposes of VAT? You’ll be hung up forever on that.

For example cars:

some consider all cars a luxury we need to step away from
some see the reality that cars are required for most of us
where do you draw the line between a “necessary” car and a “luxury” car?
for the love of god, no special treatment for light trucks

[–] [email protected] 2 points 8 months ago

VAT is just a shitty tax mechanisim, ends up being regressive (people with less money pay a larger portion of income), and really shouldnt be used. Land value tax + carbon tax is much better, and has nice side benefits like encouraging housing development and walkability.