Reply to post: Re: Land Value Tax @ Matt Siddall

Tax Systems: The good, the bad and the completely toot toot ding-dong loopy

Squander Two

Re: Land Value Tax @ Matt Siddall

> I've not looked at VAT before, but a quick google shows us ... that VAT falls largely upon the customer. Not entirely sure why

There is some debate to be had about who ends up really paying for corporation tax and employer's national insurance and so on, but not with VAT: it is only paid by the end purchaser, not just effectively but literally, because everyone further up the supply chain either claims it back or doesn't pay it in the first place.

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