Message from @ETBrooD
Discord ID: 673431958155427841
I don't know they sound like they are trying to say it a Snowball
When in actuality it's really another Sales tax
if it is a snowball where your taxes take into account of the taxes payed before you then someone is gonna have to track every single item that went into what you just bought.
Or atleast it sounds like it
Or a reverse Sales tax
just looked up a simple cake recipe, has 7 ingredients, does the baker have to keep track of the taxes payed on all of those ingredients to properly pay the taxes?
oh that's what they are gonna call it, a sales tax where the seller pays the taxes insted of the buyer, but the seller just rases their prices by %10 to offset the cost.
VAT is effectively a consumer's tax, because the loss from the added cost must be returned, and that comes from the consumer. The only question is who is effectively the consumer.
Ok so it's a sales tax
Yes
so it's a really complex sales tax.
It's just more complex for... reasons
as i said at the first, to make it less clear what the taxes are.
lel et
rekt BKP
<:smugon:512048583806025739>
<:pepelaugh:544857300179877898>
hes so mad now
"it's like hes trying to speak to me i just know it!"
I think the original idea came from someone who had good intentions, but then it was pushed and implemented by idiots.
I mean you can get refunded for the VAT
ahh, the road paved with good intentions! oh hay I see the next town comeing up!
https://en.wikipedia.org/wiki/Hell,_Michigan
Socialists will never understand that value is ultimately always determined by supply and demand and not by productivity.
if VAT was made by someone with good intentions they forgot that it is never as simple as they think.
But I think it's only Foriegners who can get refunded if they don't have a VAT
Whatever it is, it only adds paperwork, which is just another extra layer of costs.
The people benefitting are of course bureaucrats.
the government always "forgets" about the added paperwork.
It's intentional, it keeps the government branches large.
also the people who can afford to pay people to take care of the paperwork, so you can forget about opening your own shop in a place with a VAT.
Like I went to England and we went in line at I forgot the name of the Big mall or shopping center in London that has like Seafood bars and Chocolate, Delis, and other things
An the had a section to get a VAT refund
"If you permanently or habitually reside outside of the EU, you will likely be considered a “visitor” for VAT refund purposes. In these cases you are not subject to the VAT and may be able to claim a refund. Unlike tourists, business travelers can also claim the tax they paid on lodging and meals."
"bow at the alter of the almighty paperwork gods!"
So basically a VAT only effects people living there
And if you don't live there you don't pay the VAT
where a sales tax effects everyone who shops there, so another reason VAT taxes are dumb.
there*
Sorry little tired