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To: UnwashedPeasant
Apparently, "economists" are calling the Cruz flat business tax [16%?] a "VAT".

It kind of makes sense, because businesses don't pay taxes - their customers pay the tax.

65 posted on 02/08/2016 7:39:32 PM PST by kiryandil ("When Muslims in the White House are outlawed, only Barack Obama will be an outlaw")
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To: kiryandil

So. Is the current tax on businesses a VAT? If not, what is the difference that defines one as a business tax and the other a VAT. Please be specific...


76 posted on 02/08/2016 7:45:49 PM PST by Dead Corpse (A Psalm in napalm...)
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To: kiryandil
"It kind of makes sense, because businesses don't pay taxes - their customers pay the tax."

By that definition, every business tax is a VAT.

132 posted on 02/08/2016 8:55:41 PM PST by UnwashedPeasant (A slave is one who waits for someone to come and free him.)
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