Those VAT taxes can be up to 25% depending on what - European country it is. Posted: Sep 24th, 2017 - 12:34 am In Reply to: VAT or value added tax increased the production for - everything because a tax is levied
The VAT is the way the European countries pay for all that Socialism.....and it doesn’t cover it. When I lived in Britain, the VAT was 15%.......on goods, but not food and clothing. It is now 20%. How do you think Americans will feel about every other thing they buy having another 20% tax assessed???
I would support a consumption tax or flat tax, but only if the fed income tax is eliminated and we know that won't happen.
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