By no stretch of the imagination is OUR tax the same as the V.A.T.. It highlights that you do not know what you are talking about.
The rest of your answer is chock full of garbage and insulting. I do not feel compelled to respond to your silly insults. Go waste someone else time with your nonsense.
Regarding the subject; I do assert that our graduated income tax system adds tax costs at every stage of production.
A VAT is a tax that increases at every stage of production that "adds value", which is every stage- else it wouldn't be a stage.
I further assert that this characteristic requires that our graduated income tax be labeled "VAT", because our system adds tax costs at every stage of production.
Don't feel compelled to run off or to answer- but if you disagree with any of this, fine! Why not tell me what you disagree with AND WHY?
I have said clearly why I believe our system is a VAT. You have only said that it isn't - but haven't said why you believe such. In the absence of a reasoned reply, I am left wondering if you know what a VAT is.
I am interested in learning your point of view.
Now, if you could also tell me specifically what was "garbage" AND WHY, I would appreciate it. This phrase indicates that you believe there is something untrue in the post...what was it?
I can't do anything about how you "feel" about a post. I can only assert that no offense was intended.