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To: Bigun
Except that one, the credit/invoice VAT, is of necessity encumbered by government bureaucrats deciding just what "value" was added at every stage and how the "credits" will be distributed.
Huh? You really have no clue how a VAT works, do you?
279 posted on 08/17/2007 9:39:43 AM PDT by Your Nightmare
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To: Your Nightmare
Huh? You really have no clue how a VAT works, do you?

One of us sure as heck doesn't and I STRONGLY suspect that YOU are the one!

280 posted on 08/17/2007 9:45:18 AM PDT by Bigun (IRS sucks @getridof it.com)
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To: Your Nightmare
Besides, we already HAVE a VAT!

We just CALL it a Corporate Income Tax!

281 posted on 08/17/2007 9:47:20 AM PDT by Bigun (IRS sucks @getridof it.com)
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