[EternalVigilance]

No need to "substanciate" the fact that the VAT is a hidden tax...because it IS a hidden tax...LOL...

Some things are so basic and self-evident that they don't need substantiation.

The real question is: "Are hidden taxes a bad thing"?

And the only answer reasonable people can arrive at when they examine that question is that they are bad. Very bad.

Transparent government is what is needed. Not more room for politicians and bureaucrats to play their insidious game of playing off one set of citizens and taxpayers against one another.

That is one of a plethora of reasons why I support the 100%
transparent and visible FairTax.

EV

[Your Nightmare]

No need to "substanciate" the fact that the VAT is a hidden tax...because it IS a hidden tax...LOL...

This is a common misunderstanding of a VAT. To the consumer, a VAT would be no different than a NRST. They will see the price, the percentage tax, and tax paid right there on the receipt. Just like a sales tax. The only difference is the collection method.

	Input	Value Added	Total	VAT Credit	"Sticker" Price	29.87% VAT	Gross Payment	Net Tax Paid (Tax - Credit)
Raw Materials	$ 0	$ 155	$ 155	$ 0	$ 155	$ 46	$ 201	$ 46
Manufacturer	$ 201	$ 200	$ 401	$ 46	$ 355	$ 106	$ 461	$ 60
Wholesaler	$ 475	$ 225	$ 700	$ 120	$ 580	$ 173	$ 753	$ 67
Distributor	$ 789	$ 250	$ 1,039	$ 209	$ 830	$ 248	$ 1,078	$ 75
Retailer	$ 1,140	$ 375	$ 1,515	$ 310	$ 1,205	$ 360	$ 1,565	$ 112
TOTAL TAX PAID								$ 360

$360 tax on $1,205 is what you would pay with the 29.87% FairTax; and $360 is the tax that would appear on the receipt, just like the FairTax.

So can we end this myth?

A VAT is NOT hidden!