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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (4590)1/3/2017 5:57:44 PM
From: bentway  Read Replies (3) | Respond to of 356053
 
I'm not sure you understand what a VAT tax is, Steve. You do know it's on EVERYTHING, not just US imports. right?

en.wikipedia.org



To: Steve Lokness who wrote (4590)1/3/2017 6:00:49 PM
From: combjelly  Respond to of 356053
 
Additionally, if it comes about that foreign producers must pay a tariff equivalent to the VAT taxes US companies face

Things like the TPP were created to address those issues.



To: Steve Lokness who wrote (4590)1/3/2017 7:29:51 PM
From: epicure  Respond to of 356053
 
You can dream. And I hope you're right.



To: Steve Lokness who wrote (4590)1/3/2017 8:22:23 PM
From: TimF  Respond to of 356053
 
if it comes about that foreign producers must pay a tariff equivalent to the VAT taxes US companies face, as Katelew says, that too could be a positive for people wanting to work.

For some of them, almost certainly. For all, certainly not, for most, likely not (and that's putting it mildly).