re national sales tax the movie speaking of vat did anyone see cnn s report yesterday it was quite hillarious no pun intended they ran down how a percent tax was added at each stage of manufacturing graphicaly depicting a stack of quarters being added at each wholesale stage when they got to the final stage the actual retail sale the small stack of quarters added to the large stack already there was said to be the amount paid by consumers in other words they completed ignored the fact that at each stage the tax would of course be passed on to the next buyer with the retail consumer paying the full load these are not journalists they re lap dogs roger shouse the university of chicago email shou midway uchicago edu
