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It’s much easier to do that with something called a sales tax!
by twoodfin 4y ago
It’s much easier to do that with something called a sales tax!
- bpye 4y agoIsn't that more a value added tax, rather than a straight sales tax? Similar, but not identical.
- twoodfin 4y agoVATs operate at every stage of the supply chain. A sales tax is only applied at the point of consumption.
- bpye 4y agoThat's kind of my point though - it ends up being charged on the 'value add' at each stage, so the vertical integration doesn't matter. X % of the final cost should still be VAT.