Many EU countries have a “VAT” and like feel like this is kinda targeting poor people. Like, for the rich, this is insignificant, for poorer people, a (example) 20% tax would be a huge burden. Why do they do this?
🤔
Many EU countries have a “VAT” and like feel like this is kinda targeting poor people. Like, for the rich, this is insignificant, for poorer people, a (example) 20% tax would be a huge burden. Why do they do this?
🤔
I don’t know what State you live in but we sure as shit have it in Illinois.
Illinois has a use tax, commonly called retail sales tax, which is NOT VAT.
Read up on the differences here: https://www.fonoa.com/blog/vat-vs-sales-tax-where-the-difference-hides