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That is irrelevant. UK consumers pay more sales tax than American consumers. That doesn't and shouldn't matter to American exporters, because UK consumers pay t
by milesrout 2y ago
That is irrelevant. UK consumers pay more sales tax than American consumers. That doesn't and shouldn't matter to American exporters, because UK consumers pay the same rate of VAT on imports from the EU, imports from the US, imports from New Zealand (which has a 15% VAT called GST) and domestically produced goods and services.
- ltbarcly3 2y agoIts not irrelevant, it means there is an untapped 20% tax we can put on goods to raise funds for government programs. The liberals in the US seem to think this would cause economic collapse. If we exempt domestic goods that is what is irrelevant.