Tweat – My Net Findings

Vat Cut Proposal

Posted on: November 29, 2008

The European Union executive proposed a VAT cut to boost economy, as the UK is already doing, but many other countries are against it.
In my opinion VAT is one of the most unfair taxes within a global market. People and businesses in Europe have to deal with a tax that can reach almost 25% when buying the same product or service that another person or competitor can buy with 0% tax.

I would buy much more things if I had a lower VAT, and so would many other people, but hey some governments don’t think so, and they think wrong.

EU executive to propose VAT cuts to boost economy

More information on Value Added Tax and How Vat Works


1 Response to "Vat Cut Proposal"

VAT affects economic growth, decrease competitivity, and generates inflation. Less VAT, more sales, more jobs, more taxes for governments.

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