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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Umm ✹🐝 HONORARY
SHREWD   😊 😞
Number: of 15063 
Subject: Re: o/t, debtors and creditors,
Date: 07/09/2024 12:10 PM
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"As an example of the very simple <cough> VAT rules in the UK, see:
https://x.com/RowanMMcDade/status/1810642246766661..."

Those examples are actually pretty simple when it comes to tax rules. They actually demonstrate how simple VAT taxes are compared to other types of taxes. Take income taxes, there are tomes written defining what income is.

Reality is messy so trying to come up with a tax system to fund the government is always going to be complicated, especially at the margins of strange or unique cases. VAT is far simpler than many other systems.
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