To: Arthur Wildfire! March
But if you simply import foreign made screws, then you bypass almost all of the layers of 'value added' taxing.A VAT usually taxes imports and usually subtracts the tax on exported goods.
11 posted on
04/03/2016 8:01:50 AM PDT by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: Toddsterpatriot
In Europe, their residents/consumers pay VAT on top of the retail price.
12 posted on
04/03/2016 8:08:36 AM PDT by
newfreep
To: Toddsterpatriot
‘A VAT usually taxes imports and usually subtracts the tax on exported goods.’
That would be smarter than what we do now.
39 posted on
04/03/2016 11:40:30 AM PDT by
Arthur Wildfire! March
(Obama giving away the internet: http://www.freerepublic.com/focus/news/3407691/posts)
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