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    Leah Rowe is not a Rowebot (libreleah@mas.to)'s status on Tuesday, 08-Apr-2025 23:12:13 JST Leah Rowe is not a Rowebot Leah Rowe is not a Rowebot

    Silly Americans

    https://taxpolicy.org.uk/2025/04/02/no-vat-isnt-a-tariff-but-the-us-would-benefit-from-adopting-it/

    I could explain, or you could read this article.

    America has the right to raise revenue on imports, but they should scrap all sales taxes and tariffs, and replace it with a federal VAT system that includes import VAT.

    It would make international trade easier since most countries also use VAT schemes. Thus boosting exports - and raising revenue. While avoiding alienating the other countries.

    Say, 8% federal VAT?

    Someone should show Trump this article.

    In conversation about 2 months ago from mas.to permalink

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      vat.it
      from Brando

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