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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDid anyone notice that the international business man,
Donald Trump, doesn't know what a VAT tax is ???
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Did anyone notice that the international business man, (Original Post)
SamKnause
Sep 2016
OP
BumRushDaShow
(129,142 posts)1. You mean VAT?
He just threw the term out there in an attempt to equate it with his argument against income or corporate taxes.
lonestarnot
(77,097 posts)2. that and "the Cyber"
SamKnause
(13,108 posts)3. Yes, thanks for catching my mistake !!!
He threw it out when he was discussing trade.
anoNY42
(670 posts)4. He was unable to work in a definition of what a VAT was for his supporters
which means they probably think he is smart for using such a "fancy" term.
exboyfil
(17,863 posts)5. Would the VAT serve to act as a tariff of
sorts that needs to be overcome to import goods into Mexico? I am not sure if the good's value coming from the U.S. would put it in competitive disadvantage with goods produced in Mexico.
http://media.straffordpub.com/products/mexicos-iva-tax-vat-fundamentals-for-u-s-companies-2012-07-26/presentation.pdf