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@ISIDEWITHQuestionseconomy8yrs ago

Should VAT rates be increased or decreased?

0 Reply

 @9CQTP72Bharatiya Janataanswered…9mos9MO

Simplified and made into one or maximum two slabs

 @97XGP62Marxist Communistfrom Alberta answered…1yr1Y

Depends on the state of the economy, focus more on corporation taxation and taxing the rich

 @8SYTP94Bharatiya Janataanswered…3yrs3Y

Decrease for basic needs of life and increase for luxuries

 @8SSP6SQIndian National Congressanswered…3yrs3Y

First, calculation of the VAT rates have to be made and then accordingly measures should be taken to reduce tax burden on the consumer

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