Replies

see 1073...

I do not believe that adding a tax at every stage of production is a good idea. A tax every single time "value" is added to an item.....yikes.
A VAT would be the least efficient consumption tax and it would create more opportunities to evade. If you are looking to create more bureaucrats, each specializing in a particular level of production taxation, then it would seem that a VAT is the way to go. More layers for the government...just what we don't need IMO.

1,085 posted on 02/01/2005 6:35:43 PM PST by socialismisinsidious ("A government that is big enough to give you all you want is big enough to take it all away.")

I do not believe that adding a tax at every stage of production is a good idea. A tax every single time "value" is added to an item.....yikes.

Yes, and add up all the "value added's" and what do you get? The retail price. The VAT's base is exactly the same as a NRST.

A VAT would be the least efficient consumption tax and it would create more opportunities to evade.

I don't beleive you are correct on this point.

If you are looking to create more bureaucrats, each specializing in a particular level of production taxation, then it would seem that a VAT is the way to go.

A VAT could probably be collected with fewer people that the FairTax due to the fact it would have one collection agency instead of 50.