Kasz216 on 18 November 2010
| richardhutnik said: Ok, looks like I was a bit off on how VAT worked in regards to how taxes are assessed (system works it out to be only once, not multiple times). BUT, it still ends up causing prices to go up, as I said. Here is an article on VAT: http://www.thefiscaltimes.com/Issues/Budget-Impact/2010/10/22/Republicans-Rip-into-One-of-Their-Own-Over-VAT-Tax.aspx |
Did you read your own article on why it "raised prices"?
It blames the economic times, and nothing to do with the actual VAT in europe... and furthermore supports a VAT and says that it's our current tax system is making things cost more and restraining growth.
