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To: GeronL
The VAT is a terrible idea, consumers won't have a clue how much they're really taxed/

That may be true. However, consumers have no idea how much they are paying in taxes now. The average Joe deoesn't even understand that businesses don't pay taxes, but merely passes on the cost to their customers.

41 posted on 11/07/2004 4:13:55 AM PST by numberonepal (Don't Even Think About Treading On Me)
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To: numberonepal

I'm curious to know how economists link sales tax rates to inflation and/or recessions.


52 posted on 11/07/2004 6:31:51 AM PST by dr_who_2
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