@Ge0coccyx @10DowningStreet@Keir_Starmer Any reason why our first class British beef farmers can’t sell more of their product in the largest consumer market in the world?
@BehizyTweets This is laughably misinformed. Any US business (provided they set up a subsidiary in country that is VAT registered) can claim input VAT rebates. VAT IS NOT A TRADE BARRIER, IT IS CHARGED ON ALL PRODUCTS, EVEN THOSE DOMESTICALLY MADE.
@JamesSurowiecki Here’s a thing.. VAT has been included in UK trade barrier calculations. Every product (even UK made products) have VAT applied to them, so how is it a trade barrier? Also, do US sales taxes get included in the calculations?.. I already know the answer..
@John_Stepek Extrapolate this over all wealthy people. What do you think happens to the market? Everything tanks and the regular retail investor loses out. Stocks are no longer seen as the place to invest your money, liquidity dries up, many stays in bank accounts earning nothing other ….