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I agree to a point. It's common for Europeans to forget about VAT since it's included in the final price consumers see, for example. You often see income tax c
by ApolloFortyNine 8y ago
I agree to a point. It's common for Europeans to forget about VAT since it's included in the final price consumers see, for example.
You often see income tax comparisons between the US and European countries, when in reality if you actually spend your money you are paying a 20+% tax.
With our tax system, you can see clear as day how much money you are losing out on for social security, medicare, and standard income tax.
- Thiez 8y agoThe VAT is still specified on the receipt. So you can see it just as clearly, and the mental arithmetic to calculate whan you have to pay is much simpler.