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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: Dead Corpse
Ted Cruz's and Rand Paul's Strange Embrace of the VAT
National Review, November, 2015
http://www.nationalreview.com/article/426469/ted-cruz-rand-paul-vat

Apparently, National Review thinks it's a VAT. They had another article on the same thing a few days later.

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.

79 posted on 02/08/2016 7:46:47 PM PST by kiryandil ("When Muslims in the White House are outlawed, only Barack Obama will be an outlaw")
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