Comment history

SurDavid says...

Under the VAT, all taxes paid by business will be recouped from the government by that business and passed on to the consumer.

The consumer pays this tax on all goods and services with the government giving selective exemptions such as feminine products and baby clothes to appease the angry masses.

And don't forget...the 15% tax rate is just the starting point and can be raised at any time by any government for any reason. A fairer rate would be set at 5% and require a referendum on any proposed increase.

So tell me...how long do you think it will remain at 15%?

SurDavid says...

On SurDavid

Posted 6 December 2013, 12:04 a.m. Suggest removal

SurDavid says...

Under the VAT, all taxes paid by business will be recouped from the government by that business and passed on to the consumer.

The consumer pays this tax on all goods and services with the government giving selective exemptions such as feminine products and baby clothes to appease the angry masses.

And don't forget...the 15% tax rate is just the starting point and can be raised at any time by any government for any reason. To be fairer to the consumer, the tax rate should be set at 5% and any increase requires a referendum.

So tell me...how long do you think it will remain at 15%?