Just to say it again. I agree with taxing the rich. I don’ta agree where you raise a minuscule amount of taxes from 501c private schools. Let’s call for a 30% wealth tax so we get a wealth ceiling.
I think running my own company for 10 years kinda qualifies me to know how taxing vat differences on a balance sheet works. Consumers usually see only the Vat added…
Just to say it again. I agree with taxing the rich. I don’ta agree where you raise a minuscule amount of taxes from 501c private schools. Let’s call for a 30% wealth tax so we get a wealth ceiling.
501c? What do US tax orgs have to do with UK education?
Nonprofit. Don’t know how they are called in the UK, but they usually work the same everywhere.
Any chance that if you don’t even know the basis by which they’re free of VAT you might not be well enough informed to be touting an opinion on it?
What do you mean? Obviously knowledge about the usa applies everywhere and makes you informed enough to comment on any country’s systems.
I think running my own company for 10 years kinda qualifies me to know how taxing vat differences on a balance sheet works. Consumers usually see only the Vat added…
It probably does, it’s just not relevant to what we’re talking about.
It’s estimated at over a billion pounds, which isn’t insignificant at all in UK terms.