Subject: | Re: [OM] OM. Customer Service $@*+!!! |
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From: | Ken Norton <ken@xxxxxxxxxxx> |
Date: | Wed, 10 Oct 2012 11:37:29 -0500 |
> But the evil of the VAT is that it is added at every stage of production not > just at the final sale. We do not apply sales tax to things used in > manufacturing.VAT is added in little pinches that really add up. That did have the unintended consequence of altering how parts suppliers provide to manufacturers. These little mom-and-pops have sold out or under a contract ownership basis where the primary company owns the machinery that the parts suppliers use. Lots of ways they've gamed the system. In essence there is a return to the economic systems of fiefdoms and tenant farmers. We've seen this happen in a massive way in Iowa in both the wind-energy and agriculture industries. -- Ken Norton ken@xxxxxxxxxxx http://www.zone-10.com -- _________________________________________________________________ Options: http://lists.thomasclausen.net/mailman/listinfo/olympus Archives: http://lists.thomasclausen.net/mailman/private/olympus/ Themed Olympus Photo Exhibition: http://www.tope.nl/ |
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