| From: | Don Cox |
| Date: | 3 Sep 2000 at 22:26:06 |
| Subject: | Re: Sorry but this has got to me.... |
On 03-Sep-00, Matt Sealey wrote:
> Way to exaggerate! Basically you pay less income tax so VAT makes up
> for it in the economy. In Europe, and in the US, they pay huge amounts
> of income tax but very little in the way of VAT. I think there was an
> example of Norway having EXTREMELY low VAT, so much so that food and
> clothes ares incredibly cheap, but you'd be hard pressed to find
> anyone with a high take-home wage with which to exploit the cheap
> goods.
Food is zero rated in the UK.
So are children's clothes, which will have saved your parents money at
some time.
Regards
Quote carefully and read all ADMIN:README mails