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Re:Switzerland begins tests on the longest train tunnel in t... by psykovsky on Thursday January 21, 2016 @07:44AM (#10944822)
Every E.U. country has a sales tax. And way higher than the US one. It's called VAT...
Re:Switzerland begins tests on the longest train tunnel in t... by lukasm on Thursday January 21, 2016 @08:12AM (#10944933)
US Sales tax is NOT European VAT tax https://en.wikipedia.org/wiki/Value-added_tax#Examples
Re:Switzerland begins tests on the longest train tunnel in t... by psykovsky on Thursday January 21, 2016 @11:00AM (#10946073)
That's not what I said. I said the EU has sales tax. On everything, even work hours, if you're a freelancer and sell your time. They call it VAT. They could even call it a whistle for all I care, but it still is a tax on sales.
Re:Switzerland begins tests on the longest train tunnel in t... by walshemj on Thursday January 21, 2016 @03:30PM (#10948082)
VAT is not charged every thing some items are zero rated kids clothing for example.
Re:Switzerland begins tests on the longest train tunnel in t... by henrikschroder on Thursday January 21, 2016 @12:41PM (#10946847)
No, it's a tax on value addition. Hence the name...
Re:Switzerland begins tests on the longest train tunnel in t... by psykovsky on Friday January 22, 2016 @03:32AM (#10951508)
What value do you add to a lettuce or a cabbage?
Re:Switzerland begins tests on the longest train tunnel in t... by henrikschroder on Sunday January 24, 2016 @02:18PM (#10963603)
The full value, since you bring it into existence as a farmer.

If you buy cabbages from a farmer and make cabbage soup, you are taxed on the value addition that soup making results in.

Re:Switzerland begins tests on the longest train tunnel in t... by psykovsky on Sunday January 24, 2016 @04:09PM (#10964020)
What about if you buy the soup and only put $1 more on it's price and sell it? What value did you add? Your profit, the one where you are already taxed? You still have to add VAT... Call it VAT or sales tax, it's a tax on the poor and should be killed with fire.