To: riri
Please get something straight. It is NOT A VAT. A VAT is assessed at each level of production. The Fair Tax and 9-9-9 would not do that therefore it is NOT A VAT.
6 posted on
09/29/2011 4:07:33 AM PDT by
Perdogg
(Do I miss Bush? Hell, I miss Clinton.)
To: Perdogg
could you explain the difference? In theory a VAT, though levied at every stage of production, is supposed to get refunded back as companies file onerous amounts of paper work to get refunds. But, as you can see by Euro prices, somehow it still massively inflates consumer prices.
I am just way too untrusful of any of these politicians or my idiot neighbors wh never miss a chance to keep raising taxes 1% at a time.
18 posted on
09/29/2011 4:19:09 AM PDT by
riri
To: Perdogg
Are you OK with a 20% federal income tax combined with a 20% federal sales tax combined with a 20% corporate tax (to be pushed down to the consumer as always)?
That’s where the thieves will increment all taxes to in only a few years.
And no, you can’t build a cap into those taxes in the legislation. The thieves will simply repeal that part of the law in another law.
To: Perdogg
At last. Someone who knows the difference between a VAT and a National Sales Tax.
69 posted on
09/29/2011 6:58:59 AM PDT by
guardian_of_liberty
(We must bind the Government with the Chains of the Constitution...)
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