Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

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3:59 PM EST

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To: Gottfried who wrote (3127)	5/26/2015 2:19:04 PM
From: Kirk ©	Read Replies (1) of 26779

Yeah, I hope Jerome is OK. Sales taxes are tough... I feel for the small business that might have a 4% profit margin after paying 9% sales tax in CA. I mentioned it relative to the article that said Amazon pays VAT in Europe because each country in Europe is similar to each state in the US... we all have our own "VAT" but we call it "sales tax" here. Those who love to tax everything to reward their backers or give more perks to their contributors with the funds still talk about a VAT for the US...

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