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>This idea seems so sensible it's a no-brainer. I have not heard any "cut VAT" scheme that doesn't sound really sensible. My suggestion would be to cut VAT al
by vlehto 10y ago
>This idea seems so sensible it's a no-brainer.
I have not heard any "cut VAT" scheme that doesn't sound really sensible.
My suggestion would be to cut VAT alltogether so we can save our souls from endless tax cut jungle. But that's not going to happen, because VAT is effectively barrier against foreign goods, important source of government income and can't go progressive. As a result conservatives love it to death.
- tonyedgecombe 10y agoThe reason governments like it is because it is hard to avoid.
- vlehto 10y agoIf cryptocurrency gets big, it's the first tax everybody avoids.