SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (103420)5/19/2001 11:01:04 AM
From: Don Lloyd  Read Replies (1) of 436258
 
pearly -

...17.5% VAT on everything is just amazing in it's ability to dampen the strongest desire for wealth.

Example. I just bought a special printer cable by mail order. There was a surcharge on it as it was only a small order. And guess what?, I had to pay 17.5% VAT on that too.

Q. Why does the government steal?

A. Because it can.

But 17.5% VAT sounds so small and so fair. How does it really work and what other taxes happily co-exist?

In my post Message 15812523 , I effectively claimed without proof that 50% of retail prices are due to embedded taxes and have yet to be challenged on that claim, weak as a standard of evidence as that is.

Regards, Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News