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To: Libloather

This is exactly what happens with a VAT Tax. It’s controlled by politicians and people never see it coming when they raise the tax.


3 posted on 01/02/2011 9:59:29 AM PST by RC2
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To: RC2

Maybe, but if taxes HAVE to go up (and with the current labour inspired economic crisis they certainly will have to, at least in the short term) I’d rather have a 2.5% increase in VAT than another 2-3p on income tax. At least this way the money stays in my pocket and I get to choose what I spend it on, or not as the case may be. Besides, since everyone pays VAT at least everyone is contributing. Income tax hikes only effect people who actually earn.


15 posted on 01/03/2011 2:43:09 AM PST by Vanders9
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