Comment

Now Gov. Goodhair wants to Repeal the 16th Amendment

2
Orange Impostor8/23/2011 8:02:58 pm PDT

re: #1 lostlakehiker

Value added taxes are not the same as sales tax.
VATs are collected only on the increased value of an item at each stage of distribution - meaning that the tax load is shared between the manufacturer, distributor, retailer and the consumer.

Under the current sales tax system, only the final consumer pays taxes on retail items, as manufacturers and resellers pay zero tax on items sold for resale.