BizTaxBuzz: New Survey Finds VAT Would Cost 850,000 Jobs

October 15, 2010

by John Cummings

The National Retail Federation has released a study painting a lurid picture of the downside of a tax that’s been widely touted as at least a partial cure for the country’s deficit woes.

Retailers Group: VAT Would Cost 850,000 Jobs; Huge Compliance Price Tag | Source: The Big Fat Finance Blog.

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The Rates Should Be Low

i am not against VAT it helps the government for development and in other function but the rates should be kept low.