LogFAQs > #926745615

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TopicUpcoming recession will destroy millennials.
LinkPizza
08/30/19 2:42:58 PM
#35:


Mead posted...
LinkPizza posted...
Where is this couple grand a month coming from? It sounds like things are more expensive because they keep adding a tax to every stage of the process. Which then makes it more expensive for the consumer to buy. Explain what a value added tax is and how it helps. And where his magic extra money is coming from. I dont understand. Everything you were saying sounds different from the few things I found online...


https://www.yang2020.com/policies/value-added-tax/

this explains it better than I personally could

its true that some of the cost will be passed down to consumers but well be able to make corporations and the incredibly wealthy actually pay their fair share and the money will go towards Americans who can boost the economy with more buying power

After reading that, it still sounds like what I thought. Which is they just tax the companies, who dont want to lose money. They increase prices so that they arent losing money. We get magic money from somewhere? But that extra $1,000 a month wont matter much when were paying an extra $1,000 a month to live because everything is more expensive because those big companies wont stand for losing money...
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