Quote Originally Posted by Lyle
VAT


Basically when you buy something you pay sales tax and in this case it would be a higher sales tax that would cover the other taxes being removed.

Therefore the more you buy=the more taxes you pay

The only problem with this is that black markets would spring up in places
Do you have Value Added Tax in The U.S?
It sounds like this Sales tax is just the same as...

The problem is that in regards to salaries....
Barring an already implemented payscale system (usually used by by goverment funded operations and orginisations)....
Most employers would probably cut salaries due to no tax Deductions from their employee's.

This isnt so bad in the public sector as pay scales are considerably higher than in the private sector anyway. But you can bet it would be the case.

Its not just the blackmarket you would need to worry about

And with this in mind, who is gonna wanna go to their local supermarket only to find the price of eggs has risen by around 20%!