Zenosyne
Senior Member
- Joined
- Nov 20, 2018
- Messages
- 1,377
- Reaction score
- 76
Opinion:
I like both OYK and JL. However, I feel that the suggestion made by JL is uncalled for during Covid. Such environment taxes can be considered after this crisis but should not be considered during Covid.
About taxing the wealthy. The wealthy are not wealthy from being stupid. You charge them high fees, they will also not take the flight to nowhere. Basic law of demand.
About elasticity, if the government wants to explore increasing their revenue, can consider increasing tax on addictive products (ciggerette, Alcohol, gambling entrance fee, etc)
End
Nicely written. +1 for you