Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Land Shark who wrote (4784)	1/5/2017 12:53:06 PM
From: Katelew	Read Replies (2) \| Respond to of 356075

<<I fail to see your logic on how a VAT makes imported goods less competitive than locally produced>> It's EXPORTS in question, not imports. American made exports, to be specific. <<It's the SAME as a sales tax on goods.>> Not when the VAT is 19% and the sales tax is 9% <<The CONSUMER pays the VAT, not the producer. >> The producer, in my example an American auto manufacturer, pays the VAT when the car enters the European market. He then marks up the price of the car to cover the cost of the VAT. The producer pays the VAT because a VAT is derived from the cost of producing that exact automobile. Foreign VATs add to the cost structure of all American exports, whether it be cars or appliances or electronics. It's simple and straightforward to understand. VATs can range from 15% up to as high as 42% (Brazil.) <<Dump is twisting it to an issue in line with his "'murica first" policy. >> By saying "murica first", you are making fun of the slogan. So should America be put 4th, or 17th, or maybe last??