VAT would be double taxation with sales tax. the point is to reduce taxes - not come up with new ones.
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Sneaking in a tax increase with the old cut taxes on A while increasing taxes on B just enough to increase overall tax revenue—and they wonder we don’t trust them.
#TexasTaxTwoStepThanks. Twitter will use this to make your timeline better. UndoUndo
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This is what's known as regressive taxation. Wealthy pay a smaller proportion of their income; poor pay higher US tax code is already overall quite regressive, but this is bonkers.
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Sales taxes are highly regressive, with poorer people paying a much larger percent of their income. And sales taxes are already high enough. Why don’t you eliminate property taxes altogether, and replace them with a progressive income tax?
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There is no need to swap with anything. Just ensure surplus is used to eliminate the M&O!
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Seriously, you need to get on board and quit doing your best to sink us.
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Texas is already among the WORST states in the country, in terms of regressive taxation, putting a greater burden on those least able to afford it. You want to make it even worse. Why do Republicans so consistently want to punish the poor? https://itep.org/new-report-finds-that-upside-down-state-and-local-tax-systems-persist-contributing-to-inequality-in-most-states/ …
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@SenatorBirdwell@CodyforTexas What are your thoughts?? -
Completely agree with Governor
@GregAbbott_TX as it is the only real way to realize substantial property tax relief. - Show replies
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I'm a property owner and this is evil. A consumption tax is a regressive tax. We already have some of the highest sales taxes in the nation--higher than California's. Property taxes are insanely high because of how Republicans have mismanaged funding the education system.
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