Browsing Category Economics

VAT tax. the Green New Deal, UBI and You

Like the guillotine, the VAT was first invented and implemented in France. VAT is a different taxing system, an additional burden, tacked unto every purchase the government decides is worthy of your punishment.If they deem books, then every book has a new cost.

VATs are collected at each stage of “production”, whereas retail sales taxes are collected only at the point of final sale.

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