Post Profile






Sorry, But the U.S. Does Indeed Have a VAT Problem

A number of economists (here, here) have tried to deny that America has a VAT (Value-Added Tax) problem that's harming our trade balance. It seems Crazy Billionaire has said we do, and he's not allowed to be right about anything. Unfortunately, their denials, while sometimes narrowly true per their exact phrasing, are slippery evasions that turn on wording. Right now, when goods are produced in a country that has a VAT, that VAT is rebated on export.
read more

share

Related Posts


Britain to Drops Plan to Tax Trading of Bitcoins

Business & Finance : DealBook

HM Revenue & Customs, the British tax agency, said on Monday that it wouldn’t charge a 20 percent tax, known as a value added tax, or VAT, on trades of the virtual currency.

RANDALL HOLCOMBE: The Value Added Tax: Too Costly for the United States. “While one can debate the…

US Politics / Conservative : Instapundit

RANDALL HOLCOMBE: The Value Added Tax: Too Costly for the United States. “While one can debate the merits of a VAT in other countries, the tax is clearly not a good fit for the United States. It would tax a base that has traditional...

JERRY POURNELLE ON WHAT’S WRONG WITH A VALUE ADDED TAX: “A VAT would lock the 7% exponential growth…

US Politics / Conservative : Instapundit

JERRY POURNELLE ON WHAT’S WRONG WITH A VALUE ADDED TAX: “A VAT would lock the 7% exponential growth of government in place for decades; the result would be a doubling of the size and cost of government every 12 years until the colla...

JOHN SCHINDLER: Denying America’s Islamist Terror Problem Doesn’t Make It Go Away—It Makes It…

US Politics / Conservative : Instapundit

JOHN SCHINDLER: Denying America’s Islamist Terror Problem Doesn’t Make It Go Away—It Makes It Worse: FBI release of Mateen 911 calls proves what media and government doesn’t want to admit.

A value added tax is not a trade barrier

Business & Finance / Taxes : TaxVox

Donald Trump peddled an economic fallacy in Monday night’s Presidential debate by suggesting that Mexico’s value added tax, or VAT, gives its producers an advantage...

Comments


Copyright © 2016 Regator, LLC