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To: CSI007

Please explain how it is different than a VAT? When the 9% Corp stacks everything down the line, then the retail customer pays it all PLUS 9% on the total it is a VAT.


42 posted on 10/20/2011 4:21:16 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Beagle8U

Go read up on the plan. Materials for the Manufactured goods are exempt from the sales tax. Buyer pays 9% on entire product once. Not even close to a VAT.


62 posted on 10/20/2011 7:43:10 AM PDT by CSI007
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