Almost everyone you speak with is concerned about the implementation of VAT, except the governing party and the bureaucrats of course.
But the anxiety felt by the taxpayer and private sector is much like trying to tame an elephant as the rendering above depicts.
It's policies like this that creates the "lobbying industry".
Is this Socialism flipped upside down?? In Obama’s America, the occupier of the White House wants to redistribute wealth from the wealthy class to the poor class through Obamacare.. In the Bahamas, the Christie government wants to redistribute wealth and income from poor masses to the wealthy political elite class through regressive VAT..
Does anyone in charge of these two countries understand that they are wrecking their nation’s future?? In America, it is a policy of deliberate economic self-destruction and in the Bahamas it is deliberate political stupidly and failure as usual.. Both Obamacare and VAT are really only political policies designed to increase government power and control over a people that have no idea what is really happening to them.. Socialism, right side up or upside down, will be the catalyst for ever increasing economic misery for the people under authoritarian government control as they crawl down Hayek’s “Road to Serfdom”..