September 17, 2015 No.4
https://www.facebook.com/mehtarahulc/posts/10153041772591922
US\European-elitemen have been able to enforce VAT \ GST in Europe, but US-elitemen have so far failed to impose VAT \ GST in USA. One reason can be Jury System in Tax trials
.
GST = VAT is based on this law --- if trader-A buys from trader-B, then trader-B has to collect VAT from trader-A and if trader-B doesnt deposit the VAT collected in Govt, then trader-A has to pay again. The word trader here includes traders and manufacturers.
.
Its called as missing trader problem, and also called as "buyer will bear the tax burden on missing trader".
.
The missing trader problem will come, and gradually small traders and small manufacturers will get expelled from market.
.
Now "buyer will bear the tax burden on missing trader". law was passed in all European countries and was implemented. And IMO, its implementation became possible because Jury System was removed from tax trials in 1940s.
.
USA still has Jury Trial in tax cases. And so US Govt will fail to implement "buyer will bear the tax burden on missing trader" law. And so USA Govt will not be able to implement VAT.
.
The official excuse given is that "VAT will need Constitutional Amendment". Well, that is true. But not a reason. US-elitemen are powerful enough to force / bribe Federal / State law-makers to get VAT amendment in US constitution. But problem will be --- they cant manage lakhs of Jurors.
.
So once again, Jury System has saved USA from its own elitemen.
https://www.facebook.com/mehtarahulc/posts/10153041772591922
US\European-elitemen have been able to enforce VAT \ GST in Europe, but US-elitemen have so far failed to impose VAT \ GST in USA. One reason can be Jury System in Tax trials
.
GST = VAT is based on this law --- if trader-A buys from trader-B, then trader-B has to collect VAT from trader-A and if trader-B doesnt deposit the VAT collected in Govt, then trader-A has to pay again. The word trader here includes traders and manufacturers.
.
Its called as missing trader problem, and also called as "buyer will bear the tax burden on missing trader".
.
The missing trader problem will come, and gradually small traders and small manufacturers will get expelled from market.
.
Now "buyer will bear the tax burden on missing trader". law was passed in all European countries and was implemented. And IMO, its implementation became possible because Jury System was removed from tax trials in 1940s.
.
USA still has Jury Trial in tax cases. And so US Govt will fail to implement "buyer will bear the tax burden on missing trader" law. And so USA Govt will not be able to implement VAT.
.
The official excuse given is that "VAT will need Constitutional Amendment". Well, that is true. But not a reason. US-elitemen are powerful enough to force / bribe Federal / State law-makers to get VAT amendment in US constitution. But problem will be --- they cant manage lakhs of Jurors.
.
So once again, Jury System has saved USA from its own elitemen.
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