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Subject: Re: UKNM: EU Internet VAT
From: Speechrad
Date: Fri, 17 Mar 2000 16:53:55 GMT

In a message dated 16/03/00 15:32:52 GMT Standard Time, duncanatoffworld [dot] net

<< Sam

Consumption taxes (like VAT) are evil and technically impossible to
control and monitor in a global economy, especially with regards to
e-commerce. IMHO, the only real option is to tax the flow of capital
across international boundaries and forget about consumption taxes

Or tax people in the country / countries in which they reside based on their
income / ability to pay and attract people to that place by offering good
services / infrastructure and making it a 'nice place to live'

I agree 'consumption' taxes are probably evil as a general principle as they
unfairly burden the less well off and they are becoming less easy to
They may have a place in controlling inflation and used that way are fairer
than raising intertest rates which is basically taxing you on past
you made at a time when it may have been reasonable to do so.

Unfortunately taxing capital flow would impinge on investment in developing


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  RE: UKNM: EU Internet VAT, David Simpson

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