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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Katelew who wrote (134473)3/23/2010 8:48:42 PM
From: Brian Sullivan  Read Replies (1) | Respond to of 542915
 
I don't know much about EU taxation. I've always wondered if or how much Europeans pay in the form of "state" income taxes and local sales tax.

Greece recently raised their VAT taxes from 19% to 21% as part of the austerity measures to cut its debt.

news.bbc.co.uk

VAT is basically the European federal sales tax.