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Just the market regulating itself
(lemmy.ml)
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this post was submitted on 30 Apr 2026
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I will argue that the introduction of many sales taxes were a mistake...
But once they exist, removing them won't help consumers because the market will just raise prices to suck up the difference. It's a ratchet effect.
Edit: If we ever want to "reverse" a tax, then the solution is just to send people thier cash back after the fact. Like the Carbon rebate program (that 80% of Canadian households ended up getting more back in rebates then the paid in carbon taxes. Great program. Good politics to reverse, but terrible policy to reverse)