It really depends on what you spend the money on. The Nordic countries have some of the highest VAT rates in the world, but because that revenue goes towards higher social spending, the net impact is progressive.
Comments
Log in with your Bluesky account to leave a comment
Spend has nothing to do with a tax being progressive or not. It is simply a fact that consumption does not scale linearly with income: % of income people spend on goods and services goes down as they earn more, and VAT is tax on consumption.
Comments
(You can ofc support regressive taxes.)