To: Rockitz
Let's see: Britain and Canada have the VAT. Canada seems to have become a magnet for immigrants, because it offers full social services and living allowances just about as soon as you sneak acrosss the border.
I know the liberals hate VAT and sales taxes of all kinds,because they say they are a "regressive" tax, that affects the poor more than the rich.
46 posted on
08/29/2003 8:06:24 AM PDT by
genefromjersey
(So little time - so many FLAMES to light !!)
To: genefromjersey
I know the liberals hate VAT and sales taxes of all kinds,because they say they are a "regressive" tax, that affects the poor more than the rich.You missed my comments in the second paragraph. The implementation is ideally revenue neutral for those legal residents who are responsible in paying and filing their tax returns.
Although all would pay it [VAT], those legal residents who are responsible in paying and filing their tax returns could recoup such taxes through reduced income tax rates. For those at the lower end of the economic scale, such taxes could be offset by credits.
54 posted on
08/29/2003 8:38:48 AM PDT by
Rockitz
(After all these years, it's still rocket science.)
To: genefromjersey
If a national sales tax were only applied to new merchandise, The poor would have some immunity since they buy alot of used goods.
It would also be a good idea to make groceries exempt.
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