X Marks the Scot - An on-line community of kilt wearers.
-
29th January 08, 02:44 PM
#17
VAT=sales tax
There are some politicians here in the US who want to do away with property tax and other forms of taxation and fund the national budget mostly with a national sales tax. (17.5% is lower that the usual estimates of how much it would have to be, but it seems that no one really knows.)They are generally thought to be kooks, but some are taken seriously on other grounds. Given the UK's experience with VAT, I would be interested in hearing what you on the eastern side of the Atlantic think. Would abolishing VAT be popular there? What kinds of taxation could replace it?
One of the arguments against a national sales tax is that it is unreliable, and the amount it brings in would vary quite a bit from year to year. Is this the case with VAT?
-
Similar Threads
-
By Kilted Biker in forum Kilt Nights
Replies: 13
Last Post: 26th October 07, 06:27 AM
-
By Riverkilt in forum How to Accessorize your Kilt
Replies: 19
Last Post: 20th February 06, 12:40 PM
-
By Iolaus in forum Kilt Advice
Replies: 31
Last Post: 8th April 05, 10:29 PM
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks