[lbo-talk] cruise report

Wojtek Sokolowski sokol at jhu.edu
Wed Aug 1 09:55:04 PDT 2007


Doug:

On Jul 31, 2007, at 8:01 PM, Michael Perelman wrote:


> Why does nobody mention Gravel?

He supports a consumption tax.

[WS:] How is it different from VAT (or sales tax for that matter) that virtually every industrialized and semi-industrialized country on this planet has? E.g. EU countries have VAT that varies from 7% to 22% (luxury items are taxed at a higher rate). What is wrong with that?

Wojtek



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