

In what way does VAT hurt the poor more than the rich? Considering it’s on each item you buy it clearly impacts the rich more than the poor.
In what way does VAT hurt the poor more than the rich? Considering it’s on each item you buy it clearly impacts the rich more than the poor.
Here in the Uk we have tax for services (council tax), tax for health care (national insurance), tax for all your income (income tax) and almost everything you buy includes a small tax called VAT (value added tax) which is about 20%. There’s also a few taxes on cigs, alcohol and petrol.
VAT not on food, books but it on basically everything else. The more things you buy, the more tax you’ve paid. You more yoy spend on items the more you pay.
I don’t know why people are calling it a tax on the poor. It’s obviously a tax on the biggest consumers.
Isn’t there an Old Testament story where someone is walking down the road and gets back-kicked by an ox or something into then sky and is never seen again, presumed gone to heaven?
You’d have paid more for basic services like insurance as you couldn’t compare the market. You’d have to trust that clever guy in the pub since you couldn’t Google anything. You’d get lost driving to a new place and have to ask for directions, of course getting the village idiot.
I desperately hate how my I’m addicted to my phone and I’m praying that when the next generation of Garmin watches come out it will be able to talk to ChatGPT and make phone calls from it, so I could ditch my iPhone forever!
We simply let people poor people take out massive loans. Once in the land of opportunity they can make it all back again immediately.