I read somewhere that John Rolle said the the exemption would continue to exist for $300 total vat + duty.

The retailers may have to send couriers to deliver goods at the airport or at the cruise ships, like they do in the US airports.

But looking at the VAT exemption list, books are not there, neither prescription glasses, diabetic supplies .

i still think it absurd to vat food, and only offer partial refund on vat exmpt goods.

the food retailers should demand full vat refund in exchange for the maintenance of price controls. that might control price rises a little bit.

LOL I just remembered something from many years ago.

I visited Cuba when cubans could not carry US dollars. The tour bus took us to a mall and I was the last person to leave the bus. The tour guide gave me some US dollars and asked if I could use my passport to buy a pair of shoes. I said, sure. She then told me that the shoes were already chosen and asked me to go to a specific shop and ask for a salesperson by name. I told her I came to buy a pair of shoes, she had it below the counter, then i provided my passport. lol.

They will lose their local market. People will stop buying jewelry and perfume locally. The jewelry and perfume shops will remain open downtown, and close in the malls and shopping centers.

They will buy abroad. The jewelry, you can wear. The perfume, claim your exemption.

> “They could reduce the debt from $5.5
> billion to $5 billion by printing half
> a billion dollars worth of money, and
> paying off the debt holders. People
> will say that’s going to cause
> inflation, but it wont. Inflation only
> occurs when you have more demand than
> supply,”

That is wrong. When you increase the supply of money, the demand for money increases. Can never be too rich or too thin. LOL.

The DNA could not elect a single candidate because of this myopic eye doctor.

the economic theory that does not get published in books.

In Paraguay, there is a huge underground market, you buy everything on the street, or order things from your home. Want a refrigerator, order it and it gets delivered.

I once knew a jeweler, really, a jeweler, who sold house to house. the customer would describe the item, he would come to deliver, riding the bus and carrying it in his pocket, expensive 18k gold stuff. Then I asked, how fo you fill your tax return. He tells me that when he sold the diamond ring, he would give away low grade 8k or 10k gold trinkets to the customer-- those were the items on the invoice!!!! He died a millionaire, but always looked poor.

Excellent points.

Lest we forget, except for price controled items, the merchant can markup on VAT, getting a rebate when the product is sold. The govt collects 15% on this mark up. the consumer is screwed thrice.

Going off on a tangent here:

The radio talk shows reported that Branville McCartney and Rupert Roberts were present in the Rodney Moncur March.

VAT makes strange bedfellas. lol

That Private coalition for tax reform should be careful what they ask for.

they wanted to raise property tax, car tax, excise tax. There it is the govt listend to them. Plus VAT. I hope they are happy now.

The comments would not have been made if nepotism were not rampant.

They are not supposed to charge VAT.
But they are free to increase their prices at will. They will absorb their VAT expense as an overhead expense, like electricity, rent, etc...