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sales tax is really bad, won't that encourage large corporations, as transactions between corporations would be taxed? With VAT that doesn't happen.
by jopsen 9y ago
sales tax is really bad, won't that encourage large corporations, as transactions between corporations would be taxed?
With VAT that doesn't happen.
- mrschwabe 9y agoVAT, GST, etc - yes that is what I meant by sales tax. Let entities charge any tax they like at time of purchase; it is there prerogative; it's a completely non-invasive tax that encourages competition (ie- little or no sales tax entities will be favored) and savings (ie- your not punished for simply earning money).