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re: Dem presidential 2020 candidate is running on $1000 per month Universal Salary

Posted on 4/23/18 at 9:41 am to
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
12213 posts
Posted on 4/23/18 at 9:41 am to
quote:

A VAT will substantially raise the price on everything we buy, which will possibly eliminate that $1,000 given by Uncle Sam every month, depending on how much people buy stuff.

It's like Schrodinger's Communism. It's both "real communism" and "not real communism" until you find out how many people are killed by it.




Exactly, a VAT add a tax ever step in the production process that adds value to a product. so every step that involves labor or manufacturing. So the Net cost increase will be substantially greater the 10%
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