Subject:
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Re: Lego prices?
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Newsgroups:
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lugnet.general
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Date:
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Wed, 14 Jan 2004 19:51:04 GMT
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Viewed:
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765 times
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Pedro Silva wrote:
>
> To cut a long story short, VAT is not meant to fund healthcare. VAT
> is used for "financing" the EU and is redistributed in the form of
> (mainly) agricultural subsidies, but also the "convergency funds"
> that have allowed for infrastructural work in poorer countries.
This is not strictly true, as we have had VAT in Sweden since the fifties,
and EU is not that old :-)
The VAT is a tax on sales, and the money drawn in can be used for anything
by the government.
OTOH, EU has regulated VAT for its member countries, it can't vary too much
between countries, and you may not have too many different VAT levels (I
think we have one for food, one for building materials, and one for
everything else).
--
Anders Isaksson, Sweden
BlockCAD: http://user.tninet.se/~hbh828t/proglego.htm
Gallery: http://user.tninet.se/~hbh828t/gallery/index.htm
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Message has 1 Reply:
 | | Re: Lego prices?
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| (...) It was known as "EEC" from 1957 until 1992, then "EC" until 1995 - so technically, you're correct: the "EU" isn't that old. :-) Is it possible that this is a mere coincidence? Before we joined the EEC we had a similar sales tax (with a (...) (20 years ago, 14-Jan-04, to lugnet.general)
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Message is in Reply To:
| | Re: Lego prices?
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| (...) To cut a long story short, VAT is not meant to fund healthcare. VAT is used for "financing" the EU and is redistributed in the form of (mainly) agricultural subsidies, but also the "convergency funds" that have allowed for infrastructural work (...) (20 years ago, 14-Jan-04, to lugnet.general)
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