Sales tax creates more unnecessary pain than value added tax
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Sales tax creates more unnecessary pain than value added tax
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Re: Sales tax creates more unnecessary pain than value added tax
#2[deleted]
Re: Sales tax creates more unnecessary pain than value added tax
#3In France when you are a company you don't pay VAT on stuff you buy from other companies, so the main point of the article doesn't work. Because I guess if we had sales tax, companies wouldn't pay it either
Edit: My point is that it will not make a company economically more efficient than several companies
Re: Sales tax creates more unnecessary pain than value added tax
#4Sales tax is better at driving capitalist competition than VAT, so it works far better for American society. The consumer wins.
Re: Sales tax creates more unnecessary pain than value added tax
#5> Tax creates unnecessary pain
There, fixed it for you.
Re: Sales tax creates more unnecessary pain than value added tax
#6In France when you are a company you don't pay VAT on stuff you buy from other companies, so the main point of the article doesn't work. Because I guess if we had sales tax, companies wouldn't pay it either Edit: My point is that it will not make a company economically more efficient than several companies
> Because I guess if we had sales tax
> companies wouldn't pay it either
Then it would more accurately be called a VAT, than a sales tax.
Re: Sales tax creates more unnecessary pain than value added tax
#7Sales tax is usually not applied to supply in the US. Most people who buy product to resell it are exempt from sales tax in most states.
Re: Sales tax creates more unnecessary pain than value added tax
#8In a sense, sales tax benefits giant factories, and VAT promotes small businesses along the supply chain. It's possible for a solo trader to optimize one operation to compete with a giant factory, but not all operations.
Re: Sales tax creates more unnecessary pain than value added tax
#9In France when you are a company you don't pay VAT on stuff you buy from other companies, so the main point of the article doesn't work. Because I guess if we had sales tax, companies wouldn't pay it either Edit: My point is that it will not make a company economically more efficient than several companies
Saying that companies don't pay VAT is not entirely accurate. Technically companies pay VAT but get it rebated when they need to send the government the VAT that they have collected.
Re: Sales tax creates more unnecessary pain than value added tax
#10>Without this exception, we’d probably have a crazy economy where manufacterers sell directly to consumers.
What is the problem with this?