Does this plan make sense? v2
Does this plan make sense? v2
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377 comments
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Your list implies the US does VAT. It's one of the only places that doesn't.
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Instead we have sales tax, and that is actually assessed by the states individually. The Federal government's income is primarily from income tax and various business taxes.
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Sales tax has quite a different origin and reasoning behind it than VAT, though.
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I'm sure it does, but at present it's something we don't have in America.
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377 comments