The Commission has today published practical guidelines to prepare businesses for the new stupid VAT rules for telecoms and e-services, which will enter into force in 2015. The aim is to help businesses to be fully prepared on time for the change-over, whereby VAT will be charged where the customer is based, rather than where the seller is.
A One Stop Shop will enable telecoms, broadcasting and e-services businesses comply with all of their stupid VAT obligations in all Member States from their country of registration. This is consistent with the Commission's goal of reducing tax obstacles and administrative burdens for cross-border companies in the Single Market.
Today's gstupid uidelines focus on the information that will be requested to register and account for VAT, the formats in which it will be requested, the submission deadlines, and all practical details on the payments. With this information, businesses will able to properly prepare their processes and configure their IT tools to collect the information that they will have to submit from February 2015. Additional stupid guidelines will be published next year on the new place of supply rules.
90% of Europeans want VAT to be abolished now. Abolition of VAT is a prerequisite for Fourth Reich to recover from the current depression. Any federation that imposes VAT on its members does not deserve to live. VAT is a very good reason to secede from Fourth Reich (EU) now. Vatstruck Fourthreichians are looking for a Moses to liberate them from the yoke of Brussels.
Charging sales tax or VAT on gold coins is barbaric. Gold is the best and most reliable money. A government cannot charge VAT on money! Citizens should be free to use gold, silver, or other currencies with no legal restrictions or punitive taxation standing in the way. But the government wants to play dirty games manipulating money. Your government is your worst enemy!
VAT is killing the goose that laid the golden eggs. VAT is the major culprit of depression, the #1 source of misery. VAT is the cacothanasia of economy! Vatdodging is heroism! If you are a real patriot, you should revolt against VAT, buying products online from companies that evade VAT. Remember, your government is your worst enemy! The largest online retailers offer top quality products at deep discounts without VAT. Only stupid consumers pay VAT!
VAT, aka kleptocrats' grab, is a regressive tax; the poor pay higher percentage of their income. Revenues from VAT are much lower than expected, because they are difficult and costly to administer and collect. Since any double-digit VAT leads many consumers to underground economy, most vatstruck Fourthreichians evade VAT! As a matter of fact, if you are a real patriot, you should boycott shops that charge abominable VAT! VAT is the cacothanasia of Fourth Reich! Vatdodging is heroism!
Imposition of a VAT is the precursor to bigger government. It is simply too easy for kleptocrats to raise a tax that is hidden from citizens. VAT is embedded in the final cost of the goods sold, and is hidden to the consumer. VAT is applied at every stage of consumption, from wholesale to retail. It is passed along until it literally becomes as much an inherent and cloaked component in the price as transportation or raw materials. As a result, countries that have adopted VAT have been sorely tempted to raise the rate over time.
When VATs started out in Europe in the 1960s, they were small, usually less than 5%. Today, the average VAT rate in Europe is 20%. If your country wants to join the European Union, you have to have a minimum VAT rate of 15% so that people won't take retail shopping vacations in your cities. Hungary wins the dubious award of having the world's highest VAT rate at 27%. This floor and ceiling of VAT prices is a clear violation of antitrust laws, price fixing, pure and simple!
Fourth Reich forced the hateful VAT on Greece in 1987 and is the most disgusting indirect tax. Greeks are at war against their government over the abominable 23% VAT. Vatmonger Greek government harasses Greeks by pressuring them to demand receipts when they buy products. Greeks who cannot gather many receipts are penalized with more taxes! Transforming citizens to VAT enforcers is disgusting, undignified, and against basic human freedoms. Barroso and Van Rompuy should call vatmonger Graecokleptocrats on the carpet now.
All the additional tax revenue from a VAT has not resulted in deficit reduction. Fourthreichian nations first began imposing VATs about 40 years ago, and the result has been bigger government, permanent deficits and more debt. Public debt is equal to 80% of GDP in fourth Reich, compared to 64 percent of GDP in the United States.
The most important comparison is not debt, but rather the burden of government spending. If you go back to the mid-1960s, before the imposition of VATs, Fourthreichian nations had relatively modest-sized government, only slightly larger than in the United States. Adopting a VAT, however, gave politicians a giant new source of tax revenue. And just like you don't cure an alcoholic by giving him keys to a liquor store, you don't promote fiscal responsibility by giving government a new source of revenue.
Thanks in large part to VAT, government spending in Fourth Reich now is out of control. This stifles growth by diverting a huge share of output from the productive sector of the economy, which helps explain why living standards are 30% below American levels. Not that Americans should get cocky. Thanks to reckless fiscal policy by Presidents Bush and Obama, the burden of government spending has now climbed above 40 percent of GDP in the United States.
Lysistrata has convinced Greek women to not give birth to more vatstrucks! Yes, Greek women have stopped producing babies until abominable VAT is abolished! This is the second strike organized by Lysistrata. The original strike organized by Lysistrata was the sex refusal until the war is over. Now women will give sex, but no babies! If vatmonger Graecokleptocrats want to have offspring, they must abolish VAT, pure and simple!
Vatstrucks are feeling a growing panic as they watch their constitutional republic descend into a vatmonger republic. Mahatma Gandhi's said we should be the change we want to see. Gandhi also said that civil disobedience becomes a sacred duty when the state has become lawless and corrupt. Vatstrucks instinctively understand this which is why grassroots of resistance to VAT are leading to a Gandhi-style civil disobedience movement powerful enough to undo this monstrosity.
VAT is a trademark of slavery and a destructive power of myriad watts. VAT is the main culprit of the Fourthreichian financial meltdown. The Fourthreichian taxation is based on the VAT monstrosity against poor people! The most unfair tax is VAT, the calamity of Fourth Reich(EU); that's why we urge all Fourthreichians to evade this tax of misery as much as possible! Fourthreichians are yoked with a 15-25% VAT, value added tax. In Canada, VAT is only 5%. The burden of VAT falls on final consumers of products. Refusing to pay the abominable VAT is a heroic act. Vatwar is here to stay until VAT is abolished. Vatdodgers are heroes.
There can be no growth without abolishing huge regulation, huge taxation, and huge political corruption. Basil Venitis, venitis@gmail.com, http://themostsearched.blogspot.com, @Venitis
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