Birdwatch Note
2023-01-23 12:51:23 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The question isn’t “how would a sales tax replace an income tax”, but rather “what is the difference between taxing income versus consumption.” Sales taxes hit lower income people harder because a larger share of their income is used to consume. https://policybook.aarp.org/policy-book/taxation/income-tax-vs-consumption-tax
Written by B6632C0206D16008A6D58872AD14BF223CD562B2DDB0AA99BE12290FC4D91B97
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Original Tweet
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All Information
- ID - 1617505273043730433
- noteId - 1617505273043730433
- participantId - B6632C0206D16008A6D58872AD14BF223CD562B2DDB0AA99BE12290FC4D91B97
- noteAuthorParticipantId -
- createdAtMillis - 1674478283543
- tweetId - 1617265849986949124
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- The question isn’t “how would a sales tax replace an income tax”, but rather “what is the difference between taxing income versus consumption.” Sales taxes hit lower income people harder because a larger share of their income is used to consume. https://policybook.aarp.org/policy-book/taxation/income-tax-vs-consumption-tax
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