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To: Moltke

The VAT is refunded on exports. Essentially a govt subsidy benefiting German exports while penalizing imports.


30 posted on 03/06/2018 12:00:43 PM PST by Wolfie
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To: Wolfie

I believe the VAT isn’t levied on exports in the first place. In any case, within the EU, where all makers compete with each other, the VAT rules apply the same to all players. That is no disadvantage to US makers.

The “problem” is that what US makers have to offer is not in much demand in Europe. Guess how many pickup trucks you see on the roads? Almost none.


34 posted on 03/07/2018 2:08:28 AM PST by Moltke (Reasoning with a liberal is like watering a rock in the hope to grow a building.)
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