Value Added Tax
There is no value added tax in the United States. There have been proposals to replace some Federal taxes with a value added tax.
Read more about this topic: Sales Taxes In The United States
Famous quotes containing the words added and/or tax:
“A Roman divorced from his wife, being highly blamed by his friends, who demanded, Was she not chaste? Was she not fair? Was she not fruitful? holding out his shoe, asked them whether it was not new and well made. Yet, added he, none of you can tell where it pinches me.”
—Plutarch (c. 46120 A.D.)
“The governments view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
—Ronald Reagan (b. 1911)