3 ms·
But are they better enough that it’s worth exporting jobs and industrial capability abroad?
by rayiner 2y ago
But are they better enough that it’s worth exporting jobs and industrial capability abroad?
- eigart 2y agoI think it’s the other way around. US and China is applying a downward pressure on EU taxes and labor rights, and VAT balances it by treating everyone equally. Keep in mind, a German built vehicle pays VAT on all the imported materials and components too. I imagine that is a significant share. When most other countries apply VAT, I think the correct counter for the US is to do the same.