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#vat

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Douglas Edwards 🇺🇦🇨🇦🇲🇽🇵🇦🇬🇱🇩🇰🇪🇺

@Remittancegirl @pgiulan Since long before Trump even entered politics, or #Palantir existed, I've been convinced that #surveillance, not revenue generation, was the real reason for #IncomeTax on working-class individuals (as opposed to plutocrats and corporations). There are many other ways to generate revenue, such as #VAT and #LandValueTax, or just income taxation limited to corporations and very wealthy individuals. But those wouldn't enable the monitoring of everyone's economic life the way population-wide income taxation does.

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Nightwatcher's Chronicles

📣🗞️ Fact Check: 👨‍💼 Trump's team targeting EU with VATs? 🤔 That's not quite how it works! 🤝 VATs are taxes on consumption, NOT imports. 🚫 They don't discriminate against the U.S., as 🇪🇺 countries tax both domestic and imported goods equally. 🌐 So, let's keep our facts straight, folks! 🤝🌍 #TradeFacts #VAT #EU gregmankiw.blogspot.com/2025/0

gregmankiw.blogspot.comGreg Mankiw's Blog: A VAT is not a trade restriction
Suite du fil
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Nonilex

#Trump claims that many countries have targeted the #US w/ “non-monetary barriers,” like currency manipulation, subsidies, exorbitant taxes & theft of intellectual property.

Trump specifically talked about the #EuropeanUnion’s value-added tax, which he has long despised. #VAT rates are common outside of the United States, & the U.S. is actually an outlier for not having one.

#FactCheck#TrumpLies#economy
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Global Threads

🇮🇹 ITALY
🔴 Italy Demands VAT From Meta, X, LinkedIn Over User Data

🔸 Meta (€887M), X (€12.5M), LinkedIn (€140M) hit with VAT bills.
🔸 Italy says user data = taxable service; firms have 60 days to appeal.
🔸 Case could reshape EU-wide digital tax model if adopted by Brussels.
🔸 Google previously settled a €326M tax case; this one heads to court.

#Meta#X#LinkedIn
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Bytes Europe

Exclusive-Italy pursues payment from Meta, X and LinkedIn in landmark tax case byteseu.com/867289/ #AssessmentNotice #EuropeanUnion #Italy #LinkedIn #Meta #TaxAuthorities #TaxDispute #VAT

Bytes Europe · Exclusive-Italy pursues payment from Meta, X and LinkedIn in landmark tax caseBy Emilio Parodi MILAN (Reuters) - Italy has handed tax demands to Meta, X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on Wednesday. While it has been reported that Facebook and Instagram parent company Meta and Elon Musk's social network X were under investigation for alleged tax fraud, it had not been disclosed that Microsoft's LinkedIn unit was also caught up in Italy's pilot VAT case for the tech sector in Europe. Italy is claiming 887.6 million euros
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Matheus :verig:

65% dos brasileiros apoiam fim da escala 6x1, segundo pesquisa da Nexus divulgada segunda-feira (10/3).

Apoio chega a 76% entre jovens de 16 a 24 anos.

66% dos trabalhadores e 73% dos desempregados também apoiam a redução.

Com menos trabalho, 47% dos brasileiros ficariam mais com a família, 25% cuidariam da saúde e 22% fariam renda extra.

correiobraziliense.com.br/econ

Economia · Fim de escala 6x1 tem apoio de 65% dos brasileiros, aponta pesquisaAo todo, duas mil pessoas foram entrevistadas presencialmente nas 27 Unidades da Federação, entre os dias 10 e 15 de janeiro. Fim do regime de trabalho 6x1 é tema de projeto de deputada federal Erika Hlton (PSol/SP)
#notícias#escala6x1#trabalho
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JuneSim63

While critics including the former chancellor Jeremy Hunt had predicted that up to 90,000 children could flood the state sector if VAT of 20% was charged, most councils say they have seen no impact from the policy in applications to start at state secondary schools later this year.
These are relatively rich people. Perhaps foregoing the third annual foreign holiday?

#PrivateEducation #PrivateSchools #Education #VAT
theguardian.com/education/2025

The Guardian · No exodus to state sector after VAT added to private school fees, say English councilsPar Richard Adams
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Mal

#VAT is a very bad tax for poor people. It looks like a flat tax proportionate to purchases. But it's flat in proportion to expenses, not to income. Everyone needs all the basics - food, clothing, shelter, water, power - and poor people must pay the same as rich people.

Progressive taxes, such as #PAYE, are just better. #CGT affects only people with capital, so that's good too. I know that the rich put huge resources into dodging these, but the government can't just give up on stopping that. That's no excuse at all. SARS must enforce and collect, it's their job.

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Dr Keith Wilson 💭

Could this be #Trump’s most economically illiterate policy yet? #VAT is a sales tax and so applies equally to all goods bought or sold, irrespective of import/export status. Many US states have something similar, though levied at a lower rate (~10%) than is typical in Europe (~20%). But that’s also completely irrelevant. 🤦‍♂️ #Trumpland #Trumponomics bbc.com/news/articles/c863zd9z

www.bbc.comTrump tariff VAT threat raises prospects of hit to UKThe surprise inclusion of VAT to calculate tariffs prompts questions over the impact on British businesses.
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