#regressivetax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #regressivetax, aggregated by home.social.
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CW: Oregon Politics
I burned through some shoe-leather to get her elected. Literally.
Her solution to every problem seems to be to find a new #regressivetax; the transportation bill is a corporate giveaway; actual road damaging users will pay *less* and not more, instead we get #fees and #tolls on those who can least afford them.
Tax truck tires by the pound. Basta.
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Paul Krugman exposes the "One Big Beautiful Bill Act" as a cruelly regressive law designed to enrich the ultra-wealthy while slashing crucial services for the poorest Americans. The CBO warns of significant economic losses for low-income households, with no deficit reduction in sight. This reflects a troubling alignment with authoritarian practices, prioritizing Trump over democracy. Discover more insights in the full article.
https://paulkrugman.substack.com/p/reverse-robin-hood-and-trumpian-totalitarianism
#PaulKrugman #Trump #OneBigBeautifulBill #Republicans #CBO #RegressiveTax #Healthcare #FoodSecurity #Democracy #Authoritarianism -
@SeanCasten
logic is not their strong point and they are hoping that nobody will notice.keep it simple, #Tariff are a #tax on the people of US . We should be calling it the "republican tariff tax" #RTT.
It's like the income tax only its on what you buy not what you earn. Not any different than a national sales tax.
It is also a #regressiveTax, what you pay, as a percentage of what you earn, is higher on #poorPeople
It also allows other corps to raise the price of their goods.