Here a VAT, etc., part three

October 3, 2016

See the update at the foot of the story. In the first and second stories in this series, I described how the international trading system is stacked against US manufacturing workers, and that much of it is our own fault. Or more accurately, it is because we want it that way. The neo-liberal elites who […]

by Steve Timmer

Here a VAT, etc., part two

October 2, 2016

Now with an update at the foot of the story. (10/3) And a second update. (10/4) In an earlier story, I wrote about value added taxes everywhere but the US, and how they can disadvantage US business. There is much more to this story, of course. One of the first thing we must realize is what […]

by Steve Timmer

Here a VAT; there a VAT; everywhere a VAT VAT

September 30, 2016

I had an animated conversation with someone recently about value added taxes, arising in part out of Donald Trump’s mention of them in the recent debate as a disadvantage to the United States. My conversation partner said VAT was neutral, since everyone selling in a market pays them. I said that’s true as far as […]

by Steve Timmer