So the EU, UK, and others have charged VAT for years on foreign goods, including US goods. This is a tax on foreign goods that can add hundreds of dollars/pounds/euros/etc. to the purchase of an American iPhone (made in China or India) for example.
This whole tariff thing is dumber than something a third grader could come up with…but…these countries were already doing it themselves to others. So they should politely STFU, as they are hypocrites.
VAT is only a tax on foreign goods insofar as it is a tax on ALL goods irrespective of origin. So it’s not hypocritical as it is a very different thing.
It’s a tax on every stage of the process, nobody “switched to it”. All for the government, that didn’t contribute to the process. That doesn’t make a train stop at my mom’s home town anymore even though their country is smaller than my state but has all the tax money. Including price in price is nothing. The SIZE is the important part. I balked at 9% sales tax in my state, used to be 6%. Yours is amplified 20% times 5. Design, execution, physical build, assembly, final product. That’s crazy.
And why ever say “we switched to VAT”. It’s just a name. Tax, VAT, Tariff. All words. You’re probably a bot anyway.
So the EU, UK, and others have charged VAT for years on foreign goods, including US goods. This is a tax on foreign goods that can add hundreds of dollars/pounds/euros/etc. to the purchase of an American iPhone (made in China or India) for example.
This whole tariff thing is dumber than something a third grader could come up with…but…these countries were already doing it themselves to others. So they should politely STFU, as they are hypocrites.
VAT is only a tax on foreign goods insofar as it is a tax on ALL goods irrespective of origin. So it’s not hypocritical as it is a very different thing.
Yep, learned that! Still mind-blowing how crippling it is.
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It’s a tax on every stage of the process, nobody “switched to it”. All for the government, that didn’t contribute to the process. That doesn’t make a train stop at my mom’s home town anymore even though their country is smaller than my state but has all the tax money. Including price in price is nothing. The SIZE is the important part. I balked at 9% sales tax in my state, used to be 6%. Yours is amplified 20% times 5. Design, execution, physical build, assembly, final product. That’s crazy.
And why ever say “we switched to VAT”. It’s just a name. Tax, VAT, Tariff. All words. You’re probably a bot anyway.
deleted by creator