http://disqus.com/by/simplemath/enFri, 09 Oct 2009 15:34:04 -0000http://www.mfrtech.com/articles/2619.html#comment-19695260<p>It is interesting that you state that the VAT could be collected monthly (much more in line with a credit card company). As for Cash business increasing their cash flow? They are now dealing with something that they have never had to maage before. Now they are filing montly? Who pays to manage this function? Managing money "they collect on taxable supplies they make is NOT their Money to do with as they please". So an additinoal burden will be placed on a manufacturer (to collect the governmet's money). I wonder if the IRS will be able to handle this without expanding and increasing their budget? If they do have to expand I am sure it would be easily covered by the tax revenue collected.</p><p>Ultimately this creates a new burden and expense on business that is not currently know. </p>simplemathFri, 09 Oct 2009 15:34:04 -0000http://www.mfrtech.com/articles/2619.html#comment-19674722<p>The end consumer will always pay the excalating cost of production. A tax any tax may as well be considered a consumable and will increase the price to produce. Thus the increase in price will be passed on the consumer. If the manufacturer of a good is allowed to recoup the VAT tax at the end of the year then they have just become a creditor to the fed.</p>simplemathFri, 09 Oct 2009 11:04:05 -0000