Social VAT
Earmarking of VAT revenues for social security
Nº Q922854 ★★★
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Social VAT
Earmarking of VAT revenues for social security
Social VAT is the earmarking of a defined amount of VAT revenues to finance social security. The shift from taxing labour to taxing consumption in order to finance social security is based on several premises. reduce non-wage costs in order to improve competitiveness achieve sustainable revenues for the social security system share the tax burden of social security systems more equitably The impact of a shift from payroll financing to VAT financing is similar to devaluation as labour costs fall and improve competitiveness.
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Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
Social VAT is the earmarking of a defined amount of VAT revenues to finance social security. The shift from taxing labour to taxing consumption in order to finance social security is based on several premises. reduce non-wage costs in order to improve competitiveness achieve sustainable revenues for the social security system share the tax burden of social security systems more equitably The impact of a shift from payroll financing to VAT financing is similar to devaluation as labour costs fall and improve competitiveness.
Text: Wikipédia, CC BY-SA 4.0. ·
