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Sure, but then add in 21% VAT tax. Not defending the US but a 3% fee + (0%-11%) added sales tax doesn't seem like it would be a bigger "weight on the system" th
by gfxgirl 5y ago
Sure, but then add in 21% VAT tax. Not defending the US but a 3% fee + (0%-11%) added sales tax doesn't seem like it would be a bigger "weight on the system" than a 21% VAT tax
- bakuninsbart 5y agoVAT pays for our free schools and healthcare, transaction fees go into banks coffers. For you as an individual, some things are more expensive to purchase in Europe, sure, but I think equivocating the two is false. E: I didn't read the guy you were answering closely enough. In the context of his comment, yours of course makes perfect sense.
- unglaublich 5y agoThe 21% is used to evolve and invest in a country which ultimately will lead to further economic growth whereas the 3% is used to enrich CC companies.