1 upvotes, 1 direct replies (showing 1)
Doesn’t the same thing apply to income tax? It’s high when consumer spending is high and therefore wages can be high and unemployment can be low. Property taxes too I think, since the value of property depends on consumer demand, although fixed amount levies sorta counteract that.
Comment by rook2004 at 03/02/2025 at 07:01 UTC
1 upvotes, 0 direct replies
Well you’d hope that property values and salaries were more stable than consumer spending, wouldn’t you? Though the reality of our current economy…I dunno.