Of shipowners and taxes | 75 comments (75 topical, editorial, 0 hidden)

Re: Of shipowners and taxes (4.00 / 4)

Here in Portugal, the Troika actually spent time (God knows how much) discussing if chocolate milk, something that unfortunately is a stable in children's diet, should be taxed at 13% or 23% VAT!!!

As insane as US taxing policies are, do prefer that food staples aren't subject to sales tax. That said, it's a measure of how far we've strayed from need to "want" that chocolate milk is considered a staple instead of an occasional treat.

by Marie2 on Thu Jun 14th, 2012 at 12:26:08 PM EST
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Re: Of shipowners and taxes (none / 0)

Sales tax on food is not a bad tax actually. After we cut our sales tax on food from 25% to 12%, studies showed that the main benefactors were consumers of luxury foodstuffs. Better to cut taxes on low incomes!

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sun Jun 17th, 2012 at 04:48:07 AM EST
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Re: Of shipowners and taxes (none / 1)

Why not eliminate taxes on the sale of all fruits and vegetables? That would be a good beginning point.

by sgr2 on Sun Jun 17th, 2012 at 11:42:02 AM EST
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Re: Of shipowners and taxes (4.00 / 2)

Differentiated VAT has non-trivial administrative overhead.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 17th, 2012 at 12:45:38 PM EST
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Re: Of shipowners and taxes (none / 0)

No sales tax on food in your jurisdiction, perhaps, but not here.

by rifek on Sun Jun 17th, 2012 at 02:53:11 PM EST
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Of shipowners and taxes | 75 comments (75 topical, 0 editorial, 0 hidden)