The Bulls-Eye on Business' Back Could Bring America a Value Added Tax

by Benjamin Domenech on 12:37 pm November 4, 2009

Malanga on Europe, where businesses face the “VAT, which is a multi-stage levy which requires firms to calculate the value they add to a product or service and then pay taxes, which are eventually passed along to the consumer… business owners can thank heaven that America doesn’t have a VAT, for now at least.”

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