Quote:
Originally Posted by BobK
oh heck yeah, that will get the economy running, upping the price of everything by the VAT.
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One thing that might work is to tax imported goods. Or tax them for the price they sell at. I think right now some things are imported at say price 'X'. The company claims it take price 'X' or near price 'X' to sell and import etc. the item. So no profit. Hence no tax being paid on it. Also, plenty of our items are taxed major when they are exported to another country. The US took it after WW2 to help revive other countries economies. But it is a global economy now. I do think we, the US, do protect our agriculture a bit much though.
Tom