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 If this passes, the new VAT Tax.

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madcow

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Posts : 935
Join date : 2008-03-13

PostSubject: If this passes, the new VAT Tax.   Sat May 30, 2009 3:06 pm

A tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer. From what I have been reading this new tax could cause a increase of 25% of the cost of everything. One way or another we are all going to pay thought the nose. Cap and trade tax, carbon tax, vat tax, and so on and so on.
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If this passes, the new VAT Tax.
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