Taxed

NY Times: What Trump and the G.O.P. Can Agree On: Tax Cuts for the Rich By PATRICIA COHEN

But skeptics point out that unlike the rich, people on the lower end of the income ladder must spend most, if not all, of their earnings — on things like housing, food, cellphones, doctors, toothpaste, bus fare, jeans and haircuts — and have little left over to save. Taxing consumption means the burden inevitably falls more heavily on them.