Vat Tax Quotes & Sayings

I think, in effect, in most of the European countries, the total marginal tax rate is over 50 percent; that's to say, add on other taxes like VAT to the income tax. — James Mirrlees

The upshot is the following: Perhaps 4 percent of extra GDP could be collected as of 2015 mainly by taxing the rich (2 percent), tightening corporate taxation (1 percent), strengthening tax enforcement (0.5 to 1 percent), taxing financial transactions, and taxing carbon emissions (0.5 percent). Introducing a VAT would raise even more revenues and could be phased in over several years. The point is that there are lots of options, and most of them could be concentrated near the top of the income distribution, where they belong. How — Jeffrey D. Sachs

I've told you, there's no point keeping those. They're not tax-deductible,' my dad thundered.
'I think you'll find they are,' raged my mum like some sort of feral animal (a badger with TB perhaps).
'They're not. You only get VAT back on lunches outside of a 50-mile radius from your place of residence. You effing bitch,' he seemed to add, with his eyes, I imagined. — Alan Partridge