Saturday, April 11, 2026

Russia's rhetoric on the Iran war reveals it's losing; Kremlin watching a key chess piece slip from the board -- Special tribunal for Russia to move forward; enough countries now committed -- Russian drilling platforms in Caspian Sea hit overnight -- Russia has lost 1,308,670 troops in Ukraine since Feb. 24, 2022 ... and more

https://activitypub.writeworks.uk/2026/04/saturday-april-11-2026/

I heard a serious business person talk about tariffs being an essential revenue source for the US to support income tax cuts and continued spending.

A better solution would be a #valueaddedtax value added sales tax. A VAT is more broad based, more equitable, cheaper to manage and easier to enforce than tariffs.

For the progressives out there, it's easy to send refund checks to low income citizens to compensate the VAT. It's really a win-win-win.

#uspol #economics

Off topic, but your bio reminded me I meant to look up #ValueAddedTax and found #AdValorem tax en.wikipedia.org/wiki/Ad_valo... "An #AdValoremTax (Latin for "according to value") is a tax whose amount is based on the value of a #transaction or of a property."

Ad valorem tax - Wikipedia
Bluesky

Bluesky Social

China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs

https://fed.brid.gy/r/https://www.nytimes.com/2025/03/21/business/china-taxes-trump-tariffs.html

China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs

Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.

The New York Times

Canada

16 February 2025

Donald J. Trump, President
White House
Washington, D.C.
USA

Dear sir,

Please find attached copies of media reports relating to tariffs and Value-Added Tax (VAT) systems seen today.

I felt that you should be aware that some asshole is signing your name to stupid press releases.

Very truly yours,

Canada

cc: E.U.

#ClevelandBrowns #Canada #USA #Trump #asshole #stupid #tariff #tariffs #VAT #ValueAddedTax #GST #EU #EuropeanUnion #legal #lawyer #UK #UnitedKingdom

@bobdvb

#MachineMart has ex-VAT prices on all of its stickers, with inc-VAT underneath.

#ConsumerProtection #ValueAddedTax

@AuldFoggerty

I haven't fact checked it firsthand myself, but I saw someone point out last week that the party that has consistently been the one to raise V.A.T. over the past 45 years is the Conservative and Unionist Party, and it was only ever lowered under a Labour and Coöperative Party government.

#UKPolitics #Tory #UKGeneralElection #ValueAddedTax #economics

@wood5y

Buried in the comments section, beneath an enormous argument about Brexit caused by a nitwit and the obligatory how many beans make five, there's an interesting comment about how Greggs's business model is predicated upon a loophole in VAT.

#ValueAddedTax #Greggs

The #Irish government's draft 2024 #budget proposes to eliminate Ireland's 9% value-added #tax on #ebooks to apply the zero tax rate that already applies to printed books. The zero rate would also apply to #audiobooks. #Ireland #VAT #valueaddedtax
https://legalavocado.substack.com/p/avocado-roundup-ireland-to-boost
Avocado Roundup: Ireland to Boost R&D Tax Credit to Offset Global Minimum Levy

Avocado Roundup is a quick morning review of top tax, legal, and climate news stories. It’s written by humans.

LegalAvocado
The #Oman tax authority released a plan to introduce electronic invoicing for value added #tax starting next year, with the system voluntary from April to September and becoming mandatory in Oct. 2024.
#electronic #invoicing #middleeast #VAT #valueaddedtax
https://legalavocado.com/wp/avocado-roundup-oman-to-require-digital-vat-invoicing-starting-october-2024/
Avocado Roundup: Oman to Require Digital VAT Invoicing Starting October 2024

Avocado Roundup is a quick morning review of top tax, legal, and climate news stories. It’s written by humans. Laterals, Moves…

LegalAvocado