Taewyth@jlai.lutoNo Stupid Questions@lemmy.world•Isn't EU's "VAT" a regressive tax? Why do they have that, instead of something like, taxing the rich?English
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2 days agoDepends on what is being paid, the VAT model being used, the country etc.
For instance in France the base tva is 20%, but food and hygiene products have a special status which reduces it to 5.5%
I forgot the exact details buI if I recall correctly in Germany they have two models A and B depending on the product, forgot the percentage though. And then if you’re buying something for work the percentage can change again.
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