3 ms·
Yes. 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
by Ekaros 2y ago
Yes. 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.