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To: Just mythoughts

The only plus side of a VAT is that it eliminates local and state taxes. A community gets X-amount of the tax created, and that’s it. If you want more...they have to generate a higher property tax.


41 posted on 04/15/2016 11:45:09 PM PDT by pepsionice
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To: pepsionice
The only plus side of a VAT is that it eliminates local and state taxes. A community gets X-amount of the tax created, and that’s it. If you want more...they have to generate a higher property tax.
______________________________________________________________________________________

Cruzs VAT tax is not about sovereign USA ....

June 24, 2015, 10:00 am
Whoops! We forgot to include the VAT in the TPP
By Kevin L. Kearns

http://thehill.com/blogs/congress-blog/economy-budget/245880-whoops-we-forgot-to-include-the-vat-in-the-tpp

50 posted on 04/15/2016 11:49:40 PM PDT by Just mythoughts (Jesus said Luke 17:32 Remember Lot's wife.)
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To: pepsionice
The only plus side of a VAT is that it eliminates local and state taxes.

How is that going to work? The VAT would be a Fed tax. What control does the Federal government have on State or Local taxation?

159 posted on 04/16/2016 4:59:14 AM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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