06-04-2015, 12:29 AM
For those who don't know a VAT is a Value Added Tax that countries impose on foreign goods at a high percentage rate, usually around 20%. I think Great Britain has a VAT of 20% right now but I'm not sure. Also, the VAT is added to the price of a product before its put on the store shelves and the customer never sees the actual price.
Could this be a way to generate Tax Revenue and possibly bring jobs back from over seas to the United States as it could maybe be cheaper to make crap here?
Just a thought.
Could this be a way to generate Tax Revenue and possibly bring jobs back from over seas to the United States as it could maybe be cheaper to make crap here?
Just a thought.
Song of Solomon 2:15
Take us the foxes, the little foxes, that spoil the vines: for our vines have tender grapes.
Take us the foxes, the little foxes, that spoil the vines: for our vines have tender grapes.