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#41
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Larry wrote:
BrianH wrote in news:829ed$47db6af5$5449e348$1574 @news.hispeed.ch: Each registered business does indeed pay VAT on its stage of a product's path to final sale to the consumer but each business is able to claim that payment back once it leaves for the next stage, so in practice no payment is made. Therefore, that payment is not reflected in the product's cost of production, only the consumer pays the final VAT, making it similar to a normal sales tax. I learn something new every day. This is today's discovery. I didn't know they get it back. I assumed, wrongly it seems, that it was accumulated. It certainly wouldn't be given back in the United States of America. We'd invent a new layer of local government bureaucrats who would live quite well upon each layer of kept VAT, here. Does VAT work that way in every European country, or just Switzerland? Oh dear Larry, this is why I didn't want to respond initially, because I am no tax expert although I do have the basics. I had a friend in the UK who gave up his engineering business and went off sailing when VAT was first introduced. I remember him waving a big, thick book and saying "Here are all the regulations and instruction how I've got to introduce all this VAT bookkeeping - I give up." Actually, I think it was just an excuse to retire early and take off in his yacht. No, the principle is European wide, only the rate varies. Here in CH it was ca. 9% on a pair of winches I just imported while most EU countries it is much higher, often around 20% (CH is not in the EU). Many products are zero-rated, such as food, children's clothes, books, etc and other products/services have differing percentage groups. I remember how I used to get an irate phone call from my company's accounts department if I ever included a hotel bill in my expenses that I hadn't asked reception to add our corporate VAT number with my name - it meant they couldn't claim the expense back. Best, BrianH. |
#42
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BrianH wrote in news:d40f0$47dcc922$544bb5cd$13325
@news.hispeed.ch: Many products are zero-rated, such as food, children's clothes, books, etc and other products/services have differing percentage groups. Thank you for the information. I have an old friend in his 80s from Thun, Berner Oberland, and he wants to take me with him to visit the few old friends he has left before it's his turn. With the dollar so weak, I'm not sure that will ever happen again, but I'd love to go. He says, "These are not Swiss people. They all speak GERMAN, not Swiss German!" His German is before television and his Swiss friends who come here to visit him all comment on his old version of the language. In South Carolina, the 8.5% sales tax is on EVERYTHING, including food/clothes/other staples of life. They take it and keep it. We don't pay sales tax on fuel, though. It's not enough for them. We pay fixed 34.5c/gallon on gasoline and 39.7c/gallon on diesel...but not at the marinas where red tractor diesel is sold, like the farmers use, without the "road tax" that's siphoned off to support the vote buying system...rather than put into road maintenance where it was supposed to go. Our roads are falling apart because of it. When Werner came back from Thun last time, a few years ago, I was looking through the pictures from the streets and told him it looked fake! There wasn't even a single piece of paper in the gutters. Near the last picture, I went, "AHA! I see one!". There was a piece of paper in the street behind the friends he was taking a picture of....but there was a little old lady poised over it about to pick it up...(c; Thun has got to be one of the cleanest cities on the planet. The views are simply amazingly beautiful. I want to go sailing on the Thunersee! Do they really stop at a stopligiht and shut the engines off where you live? They do that in Thun, then restart to go. I still think he was joking. |
#43
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Larry wrote:
BrianH wrote in news:d40f0$47dcc922$544bb5cd$13325 @news.hispeed.ch: [snipped] When Werner came back from Thun last time, a few years ago, I was looking through the pictures from the streets and told him it looked fake! There wasn't even a single piece of paper in the gutters. Near the last picture, I went, "AHA! I see one!". There was a piece of paper in the street behind the friends he was taking a picture of....but there was a little old lady poised over it about to pick it up...(c; Thun has got to be one of the cleanest cities on the planet. The views are simply amazingly beautiful. I want to go sailing on the Thunersee! Because of the mountains on either shore the wind is generally N/S along the lake, it's certainly quite a backdrop, especially to the south with the Eiger, Mönch and Jungfrau mountains hanging there. I used to race from the Interlaken end (I live in Bern). Now I'm retired I take off for the Med, living aboard for the summers. But you might be disappointed with the present cleanliness of Switzerland, it's no longer quite how Werner tells it, unfortunately. Do they really stop at a stopligiht and shut the engines off where you live? They do that in Thun, then restart to go. I still think he was joking. Well, some do, and all the signs fixed on the traffic lights request you do so, but just as many people don't. An enormous influx of foreigners has internationalized the mentality - meaning there is no longer the strict discipline that Werner epitomized. There are pros and cons to that (mainly cons, I'm afraid). Best, BrianH. |
#44
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BrianH wrote in news:201ad$47dd4fc5$544bb5cd$29315
@news.hispeed.ch: Well, some do, and all the signs fixed on the traffic lights request you do so, but just as many people don't. An enormous influx of foreigners has internationalized the mentality - meaning there is no longer the strict discipline that Werner epitomized. There are pros and cons to that (mainly cons, I'm afraid). Best, BrianH. I got Werner on the internet a few years ago. In my first email to him, I sent him off to the Follies Bergiere, a whorehouse in Thun. HE KNEW EXACTLY WHERE IT WAS! It was in what was his neighborhood before WW2 when he and his wife and son fled to Canada fearful of Hitler's Reich. They are really fine people...(c; American music seems responsible for a lot of the pollution on Swiss radio channels. But, alas, the Swiss have retaliated, quite successfully! http://www.volksmusiknet.ch/ NOONE can be sad listening to accordion music....(c; |
#45
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Larry,
If you like accordians then you must like tubas and yodeling. Check out this wonderful, popular European polka group: http://www.youtube.com/watch?v=MhV41tvF0qw Phil Vote for Ron Paul!!! |
#46
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![]() "Phil Abuster" wrote in message ... Larry, If you like accordians then you must like tubas and yodeling. Check out this wonderful, popular European polka group: http://www.youtube.com/watch?v=MhV41tvF0qw Phil Vote for Ron Paul!!! Ron Paul's toast! But those two blondes in the video (cha-ching!) why, they make Horvath's flat-chested stripper look like a boy! -- Gregory Hall |
#47
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I leave you all with the grim facts ....
Current USA average income tax is 17% Current USA average TOTAL taxes (Income, FICA, Sales, excise, sales, school, personal property,capital gains etc.) is approaching 48-52% yet increasing. Current % of USA healthcare is 16-17% of GDP. If healthcare becomes 'universal' then that adds 17% .... +17% added to total income taxes = 34% for a total bill of 65%-67%. That will be fairly close to the rates of the central EU .... where the social benefits are rapidly evaporating due to utopian spending. Only to leave Norway and the Scandinavians with total higher tax bill approaching into the 90%+ range. I say that we go back and reclaim the tea that was dumped into the Boston harbor, apologise to the King and effect a restoration. Will be MUCH cheaper in the long term. Hell a tax on tea, a tax on a few legal document and to have a Brit soldier stay in your home occasionally in retrospect of the todays total mugging by the leftists was much better. Bring back the king, lock down the borders, put all the leftists and shysters in reeducation camps, remove ALL the current politicians from office .... and simply begin all over again. |
#48
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RichH wrote:
I leave you all with the grim facts .... Current USA average income tax is 17% Current USA average TOTAL taxes (Income, FICA, Sales, excise, sales, school, personal property,capital gains etc.) is approaching 48-52% yet increasing. Current % of USA healthcare is 16-17% of GDP. If healthcare becomes 'universal' then that adds 17% .... +17% added to total income taxes = 34% for a total bill of 65%-67%. That will be fairly close to the rates of the central EU .... where the social benefits are rapidly evaporating due to utopian spending. Only to leave Norway and the Scandinavians with total higher tax bill approaching into the 90%+ range. I say that we go back and reclaim the tea that was dumped into the Boston harbor, apologise to the King and effect a restoration. Will be MUCH cheaper in the long term. Hell a tax on tea, a tax on a few legal document and to have a Brit soldier stay in your home occasionally in retrospect of the todays total mugging by the leftists was much better. Bring back the king, lock down the borders, put all the leftists and shysters in reeducation camps, remove ALL the current politicians from office .... and simply begin all over again. One should keep in mind that this "experiment in self government" was just that - and experiment. No prior art. |
#49
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"Phil Abuster" wrote in
: Larry, If you like accordians then you must like tubas and yodeling. Check out this wonderful, popular European polka group: http://www.youtube.com/watch?v=MhV41tvF0qw Phil Vote for Ron Paul!!! I've played the accordions, 5 different species of them, since I was 8 back in....well, never mind when. Thanks for the pointer. Search You Tube for band organs some night. Great fun listening to band organs, especially in Holland where the real monsters are located. |
#50
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cavelamb himself wrote in news:13trafnmuqphqd0
@corp.supernews.com: One should keep in mind that this "experiment in self government" was just that - and experiment. No prior art. Sydney's brokers have driven the price over $1010/oz and rising RAPIDLY! http://kitco.com/images/live/gold.gif Look at the end of the green line! VERTICAL! |
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