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To: SJackson

>.a VAT, a monstrosity to administer

That’s what makes it so appealing.

The tax is “hidden” from the consumer, who will only see the state sales tax on the receipt.

The administration, well, employment will have to increased so VAT consultants can identify the discrete points of a process where value is added to a product.

Now, combine with a VAT aka sales tax on services - legal, medical, financial.......

Or like Monty Python, let’s tax thingie.


42 posted on 04/21/2010 4:04:23 PM PDT by swarthyguy (KIDS! - Deficit, Debt,- Pfft! Lookit the bright side of our legacy - Ummrika is almost SmokFrei!)
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To: swarthyguy

I am figuring whatever has a VAT, I can live without it. There are always other ways ...


50 posted on 04/21/2010 4:12:25 PM PDT by fujimoh
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