3 ms·
They can because VAT is the ultimate cash cow. For example in Finland VAT accounts for 40-50% of all tax proceeds. In 2010 VAT proceeds were 12.7 Bn while Incom
by Ras_ 14y ago
They can because VAT is the ultimate cash cow.
For example in Finland VAT accounts for 40-50% of all tax proceeds. In 2010 VAT proceeds were 12.7 Bn while Income & Capital Gains taxes were 7 Bn.