In response to:

The Great TCI Anti-VAT Mutiny of 2013

glenn183 Wrote: Feb 14, 2013 1:01 AM
If we get VAT it will be IN ADDITION to the existing taxes, right? Wow, just what I need is another bill without a tangible product I want like a new.......
anonymous1329 Wrote: Feb 14, 2013 2:32 AM
Since the VAT is added in the price of the product very seldom do you see it seperated out so you can see how bad you are getting screwed. When I was in Belgium last the VAT was broken out on the gas receipt and the hotel receipt, I don't remember it being broken out on anything else. Governments love the VAT because when they raise the VAT per centage usually the stores get blamed for the increase in price not the government
Colonialgirl Wrote: Feb 14, 2013 6:42 PM
VAT in Europe IS broken out just like sales tax in this country. NO, the stores don't get blamed, ALL intelligent citizens KNOW it is the government taxing them and running the costs up on everything.

The value-added tax is a pernicious levy.

It’s basically a hidden form of national sales tax, imposed every time a transaction occurs at any stage of the production process.

But what irks me about the VAT is not its design (indeed, it shares some key characteristics with the flat tax). What gets me agitated about the VAT is the fact that politicians always seem to treat the tax as a way of financing a larger burden of government spending.

That’s certainly what we’ve seen in Europe, both when the VAT was first implemented beginning about 45 years ago...