Yes, but that's not what the original poster proposed! "Just do a flat x% tax on every dollar of revenue. That's it. Forget income, loss, expenses, tariffs, etc

Yes, but that's not what the original poster proposed! "Just do a flat x% tax on every dollar of revenue. That's it. Forget income, loss, expenses, tariffs, etc etc." The way that VAT is implemented is that every intermediate pays VAT, but gets a credit for the VAT that they paid.