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Politics : The Trump Presidency

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To: Katelew who wrote (4842)1/5/2017 1:29:46 PM
From: combjelly  Read Replies (1) of 356667
 
You made a fundamental error in your first post. You had the American car at $25,000 and compared it to a German car at $25,000. The mistake you made is that the German car at $25,000 already includes the VAT, while the American at $25,000 has not been taxed yet. Without the VAT, the cost of the German car should be $20,250, which is what it would be exported at. So you are comparing a more expensive car with a less expensive one.
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