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It's Paul Ryan for VP
Message
From
28/08/2012 08:10:57
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
 
To
28/08/2012 06:10:31
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01550345
Message ID:
01551664
Views:
48
>>>>But this will serve as an object lesson that anything set aside for securing own old age will be reallocated against your will.
>>
>>That's not the case since property inflates too, as do productive assets and businesses, as do incomes.
>
>But ground property is taxed yearly and over here we have a VAT-type of buy tax, which was 2% in the 80's
>and is now between 3% and 5%. Just reallocating or moving because of job shift will cost you more percentage wise.
>And what is the reason for those VAT-type of taxes ? Filing is not as difficult a process as it was,
>and that was the origin/ previous reason for the tax.

The actual reason is to have everyone in the chain (from raw material to retail to end customer/consumer) pay it right away, and then if someone in the chain skipped, the next guy still has to charge the whole tax, while getting no refund for the tax he didn't pay to the previous guy. So the main reason for gray economy is now moot. You pay based on what you charged your customers, minus what you can prove you paid while buying supplies and raw materials. If you don't have receipts for those, you can't prove, so the state still gets the full percentage, and most of it even before the end product is sold, or paid (your customer may pay you weeks later, but you have to pay the VAT within a given number of days, regardless).

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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