Trump thinks EU VATs are tariffs

EU VAT is cancer though, not only each country pays a tax, they also have to pay tax to the communist cabal extra

The whole point of VAT is that it's supposed to tax every step in the production process (really fucking stupid), and that already happens on the American side. Then you slap a huge tax on it at import, at the same time as tariffs, and you have the gall to call it different from a tariff? It's a tariff, it's not free trade, it's CERTAINLY not free market you keep Adam Smith's waifu's name out of your dirty commie mouth.

VATs apply to both domestic and foreign goods. Tariffs apply to foreign goods only.

if so than trump has to declare tariffs against all us states with sales taxes too, since they are completely equivalent to vat
lets pull up a list of how many states levy sales taxes shall we

that already happens on the American side

No. The US does not have VAT. It has sales tax.

Unlike the value added tax, a sales tax is imposed only at the retail level.

Sales tax is not the same as VAT

Unlike the value added tax, a sales tax is imposed only at the retail level.

I'm not going to play semantic games. American goods shouldn't be subject to VAT or whatever the hell you want to call it. If you want it to be like that, we'll just hit you with reciprocal tariffs and call it a day. You'll see, 5 more hours.

Demanding that American goods be exempt from VAT is a complete nonstarter. America's trading partners will never concede on VAT because it would be economic suicide to do so.

If America doesn't want its products to be charged VAT, then what America could do is introduce its own VAT (like most of the rest of the world) and then sign information sharing agreements with its trading partners to avoid double taxation

yuropoors devastated by one simple question

yep this cancelling vat is impossible since it would blow the budget
also in reality a vat or sales tax which is a consumption tax is preferable to an income tax in all regards
tho problem is the socialist cuckerments of europe have taken both to the max now to pay for gibs

semantics, vat has a 1001 ways to make it only at final sale point too

Demanding that American goods be exempt from VAT is a complete nonstarter.

Then I suppose you'll be paying tariffs as well as paying for your own defense. At least for the next 3.7 years. Enjoy!

I'd move to Austria in a heartbeat
don't tempt me with better times

VAT taxes every step in the production process and that already happens on the American side.

exporters are typically exempt from sales and value added tax and imports from the EU still get a local state sales tax slapped on wherever that's applicable.

If you wagecuck for penuts while streamers make millions being neets why are you such a cucktar?

You're such a sheltered US moron you don't realize that a whole continent of 500 millions people is not going to change the whole tax system it has been using for the past 50 years just because you elect a schizo president who is too stupid to understand anything past elementary school level and take everything as a personal attack. We will stop all trade with the US way before we remove VAT.
As for defense I think eastern European countries have understood by now. In my country we never relied on you, we always knew it would come to this at some point.

Vat is cringe, just drop it

MAGAfags are retarded and you will be paying for this inflation. Taxes in EU countries are for useful stuff such as healthcare and education so you don't need to face bankruptcy and be in debt for basic while you cope with higher nominal numbers in wages and GDPs getting a shittier life quality in return.

I fucking hate when these double digit retards like xqc,asmongold,jack doerty,neon are famous and earn good money I'm gonna be the next luigi at this rate idc

If you're smarter why don't you stream do it better and be more successful? Oh wait

to tax every step in the production process

Every step in the production process is handled by a VAT registered company. They get it refunded.

Oops, now your taxes are going towards defense now that daddy USA isn't defending you for free anymore.

So it's a sales tax with extra steps. Typical dumb europeans.

Compared to having a difference between the price tag and the price paid at the till, Europeans are by comparison geniuses.

Geniuses at convincing retarded europeans they're not paying an extra 25% tax for no fucking reason on top of 50% income tax on objectively tiny salaries.
I mean yeah I guess. But what can be expected of a continent doing worse economically than Mississippi of all fucking places.
European arrogance and stupidity is a miracle of the universe.

and you wonder why we hate you?

Your arguments are all over place. Get focused. If you had had nutritional school lunches or a better education in exchange for your tax, you could perhaps make a more convincing case.

Now go decrease that BMI. Jog on

on top of 50% income tax

Got dyscalculia?

That’s honest to god shocking. Being outcompeted by the deep fucking south. Embaressing. I mean the South can be kinda based and all, but it’s full of ex slaves dragging everything down. Shocking poverty. And euros can’t even compete lmfao

faggot euro got BTFO in one post and resorts to petty insults. FAGGOTS

/thread

lets get the european marxists here their own board

that inferior complex has really reared its head this year

at it's root, europeans see bold confident american men as everything they wish they could be, but don't have the ball to be

Seethe more euroscum
have fun dealing with LE EBIL ROOSHIA after the US leaves NATO you fucking faggot

lmao so true

i will at least give him credence on the bmi comment as there's a lot of what fat fucks in america which is sad

but my question is why are euro men so wimpy and tiny
i'm 6 foot and decently jacked but not really considered a big dude by us standards
then i go to europe and absolutely tower over people

reddit spacing

i'm 6 foot and decently jacked b

Sure you are. The very fact that you feel the need to mention it as a response to a BMI statement indicates that you lie. Post BMI. I dare you.

Protein in europe is hard to come by and expensive compared to America. My biggest struggle traveling europe was getting enough protein in my diet (best deal is in lidl, they have protein shakes with 35g protein for under 1.5 euros).

They basically grow up stunted from slight malnutrition, just how their government likes it. A weak people is less likely to throw another pesky revolution.

Exactly, EuroBro

Poor nutrition would be my guess. They can barely afford food after their governments fuck them out of 60%+ of their income. They eat mostly empty carbs and barely buy meat.
There is a reason beans and toast (a WWII ration meal) is still a thing in the UK. It's because they are all broke.

Western Europe and the US are about on par in GDP per hour worked. US has higher GDP per capita because of more hours worked per person per year. This despite the US having a huge resource and energy advantage.

Government spending in western European countries is about 45-55% of GDP, which is indicative of the tax burden. Many Europeans would argue that they get things of value for these taxes, such as health care and education

source
en.wikipedia.org/wiki/List_of_countries_by_labour_productivity