http://amateurassetallocator.com/2008/12/17/is-an-american-vat-tax-in-the-works/ Amateur Asset Allocator Fri, 10 Feb 2012 18:16:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://amateurassetallocator.com/2008/12/17/is-an-american-vat-tax-in-the-works/comment-page-1/#comment-8415 Roscoelette Fri, 09 Apr 2010 21:32:22 +0000 http://amateurassetallocator.com/?p=375#comment-8415 If a VAT is instituted, the very least they could do is require the amount of the tax be shown on the receipt so the consumer can be aware of how much of the cost is due to hidden taxes. You forgot one important difference between VAT and the fair tax. VAT is in ADDITION to income taxes we already pay. The Fair Tax is INSTEAD of an income tax. If a VAT is instituted, the very least they could do is require the amount of the tax be shown on the receipt so the consumer can be aware of how much of the cost is due to hidden taxes. You forgot one important difference between VAT and the fair tax. VAT is in ADDITION to income taxes we already pay. The Fair Tax is INSTEAD of an income tax.

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