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That you are screwed over by USA not EU. Scenario one From 5000 1k goes to USA. And from 10k 2k goes to EU. USA 1k and EU 2k. Scenario 2 From 5000 1k goes to
by Ekaros 2y ago
That you are screwed over by USA not EU.
Scenario one From 5000 1k goes to USA. And from 10k 2k goes to EU. USA 1k and EU 2k.
Scenario 2 From 5000 1k goes to EU, and from 10k 2k goes to eu. But you get 1k back. EU 2k.
Now if you were to export the EU car to USA. You would get 1k back for EU from step 1, And then pay 2k in sales tax to USA. Netting the same.
- gotoeleven 2y agoYou seem to be saying that its fair that the EU end up with 2k in taxes in both cases, where in the case where it was imported there was far less happening in the EU.
- Ekaros 2y agoYes. It is. Because it is government stealing my money. After I already paid income tax. VAT is charged from me not the seller, the seller just has to move the money from me to tax authorities. VAT is tax on my consumption. It is in essence extra tax on anything and everything I buy. Thus it is really not taking any money from the seller, but me a EU citizen. Basically money for USA here should come from income taxes paid by workers and the corporate taxes paid on profits. And then well capital gain taxes paid for profits paid out.