Re:Why inequality matters (2014)
by dgellow on Monday September 14, 2020 @01:31AM
(#24467091)
What are the reasons for the US to not already have a VAT? That’s one of those things that seems to be agreed upon by almost every country in the world but not the US.
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Is there a reason why the US economy still grows while most of the rest of the world, and EU in particular, stagnates? Maybe not stymied demand plays some role in it.
Check the map at https://en.wikipedia.org/wiki/Value-added_tax.
Where all those countries stagnant before the virus? Of course not.