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A VAT seems to me to be the last thing to add in order to stimulate the economy. The only thing worse would be to increase financialization by the same percentage. Finance can increase costs even where a VAT cannot be levied.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Nov 18th, 2017 at 02:22:20 AM EST
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