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To: GeronL

Of course. VAT is horrible. It’s a tax on the GDP.

The fundamental tenet of taxation is that you tax what you want less of. You tax the GDP, the GDP goes down.


36 posted on 05/07/2012 4:41:49 PM PDT by chuck_the_tv_out
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To: chuck_the_tv_out

A tax is a burden, that is its very definition.


37 posted on 05/07/2012 4:46:39 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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