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In Finland, speeding fines are based on how much income you make. But even in the US, your level of income may determine how much you pay for certain goods and services, such as the discounts given for low-income housing, medical care and, in some jurisdictions, discounts on utility bills.
One could see how such “Marxist” pricing could become more pervasive, particularly on internet purchases. Conceivably, if you had a history of purchasing luxury goods or even browsing on high-end retail sites, a logarithm might determine you are an affluent buyer and automatically set a higher price on goods that other people would pay less for.
Should we have legislation to preemptively ban such a practice or are you okay with the concept that rich people should pay more for products?
One could see how such “Marxist” pricing could become more pervasive, particularly on internet purchases. Conceivably, if you had a history of purchasing luxury goods or even browsing on high-end retail sites, a logarithm might determine you are an affluent buyer and automatically set a higher price on goods that other people would pay less for.
Should we have legislation to preemptively ban such a practice or are you okay with the concept that rich people should pay more for products?