this post was submitted on 07 Mar 2024
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General Discussion

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[–] [email protected] 0 points 9 months ago (1 children)

Your list implies the US does VAT. It's one of the only places that doesn't.

[–] [email protected] 0 points 9 months ago (1 children)

Instead we have sales tax, and that is actually assessed by the states individually. The Federal government's income is primarily from income tax and various business taxes.

[–] [email protected] 0 points 9 months ago (1 children)

Sales tax has quite a different origin and reasoning behind it than VAT, though.

[–] [email protected] 0 points 9 months ago

I'm sure it does, but at present it's something we don't have in America.