• AA5B@lemmy.world
    81·
    4 months ago

    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
    • ScreaminOctopus@sh.itjust.worksEnglish
      2·
      4 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.