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31 December, 21:41

Many critics have argued that a sales or consumption tax should be eliminated because of its regressive nature. what is the basis of this argument?

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  1. 1 January, 00:41
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    The basis for this argument is that consumption tax takes a larger percentage of income from low income earners than from high income earners. This is because consumption tax is uniformly applied to all people irrespective of their situation.
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