[doucanoe]

Originally Posted by BlueStreak

5% on a VAT is actually pretty steep. Remember, the tax is tacked on every time value is added to a product. The ore comes out of the ground-tax, it's smelted into steel--tax, rolled into sheetmetal-tax, stamped into a part-tax, painted-tax, attached to a final product-tax, and so on.

And, as I recall, the Clintons proposed a VAT to pay for their health proposal.
So, is it really a stretch for us to assume that it will resurface?

Dave

Thanks for the lesson

Scroll down a bit for a listing of all of them (European VAT rates)

http://www.scopulus.co.uk/taxsheets/..._vat_rates.htm



RC