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Guru of economics does an about-turn on free trade
Indian Express Newspapers (Bombay) ^
| Tuesday, October 19, 2004
| Jay Bhattacharjee
Posted on 11/06/2004 2:45:55 PM PST by Willie Green
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To: A. Pole
VAT is a flat tax par excellance. Those who consume the most can typically aford it more. For truly dire situations, a person might be afforded a refund at the end of the year. But I would argue with a VAT, there would be fewer unemployed and underemployed.
321
posted on
11/09/2004 7:10:39 PM PST
by
GOP_1900AD
(Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Right makes right!)
To: GOP_1900AD
VAT is a flat tax par excellance. With the difference that it works as a protective tariff and export subsidy. Moving into VAT from the income and payroll tax would save American economy.
322
posted on
11/09/2004 7:16:40 PM PST
by
A. Pole
(Putin: "Democrats had no moral right to criticize the Iraq invasion, after what they did to Serbia.")
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