Value-Added Taxes or VATs

Value-Added Taxes are hidden means for government to raise taxes, in addition to any heavy income taxes that they may be imposing.

                     

That’s because the masses are never fully aware of what they are paying. VAT taxes are added on at every layer of distribution of a product or service, onto the provider and not directly on the consumer. The consumer eventually pays a much higher price for the product or service but blames the party making the last sale. Never the politician who imposed the VAT tax to begin with.

                     

Such a consumption tax is often set with consumer subsidies as a political ploy because it resembles favors. It is loved by politicians. And it's sneaky. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)