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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (51194)	6/22/2004 10:19:05 AM
From: maceng2	Read Replies (1) \| Respond to of 74559

UK VAT at 17.5% is draconian, and an effective tax. Few dodges, some restaurants etc fiddle the books for a while but are usually caught. The UK tax on fuel (about 80%) is also most effective. There are plenty of government jobs going as inspectors too ("enforcers"), one local business guy, who runs a van, had his vehicles fuel checked three times in one day... every day is not unusual. I think the USD buys more in the USA then a UK pound does in the UK.