US EditionEliminate Vat! a Ridiculous Tax on the Shoulders of the Population. a Direct Tax on Everyone's Already Taxed Income. Americans Don't Have It. Are They Uninformed? - Financial Week
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This is where the inventor of VAT was born. In Marrakesh. Maurice Lauré invented in 1954 the tax through which the state takes money from you both when you produce and when you distribute and when you sell. Americans don't have it. Europeans have it. You do everything, the state does nothing, but it collects VAT — the invention of the civil servant Maurice Lauré. VAT is the tax that both the rich and the poor pay. When you make a loaf of bread, …
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