6 ms·

So let me get this straight... he's not happy with the UK because of VAT (value added tax) and he's also not happy with the UK because of tax breaks? Amazing.

• JCharante 1y ago
  I think there's a big difference between VAT for consumer goods and cities providing big incentives for filming there. I'm not giving an opinion on whether they're good or bad, just saying that they're very different and I don't think they should be compared.
• kjksf 1y ago
  Both are harming US jobs. VAT is bad for US because a car made in US is 22% more expensive when sold in UK than a car made in UK sold in US. VAT makes it harder for US car company to sell in UK. It reduces number of US jobs making cars. UK giving tax breaks to US companies also reduces number of US jobs because a catering business in Los Angeles loses a job to a catering business in London. So does a carpenter, an extra etc. It's all simple to understand, consistent and frankly very leftist.
  • lentil_soup 1y ago
    > VAT makes it harder for US car company to sell in UK. It reduces number of US jobs making cars. that makes no sense. Assuming the same amount of cars sold, with or without VAT the amount of US jobs making cars would stay the same. VAT is applied to any car regardless of origin it's not harder or easier for anyone.
  • beAbU 1y ago
    Do you not have sales taxes in the US?
  • tzs 1y ago
    > VAT is bad for US because a car made in US is 22% more expensive when sold in UK than a car made in UK sold in US. But a UK car sold in the UK is also 22% more expensive than a UK car sold in the US (I'm going to overlook that you've completely overlooked sales taxes in the US).