how do you figure? with vat I dont pay if I dont buy. In todays world I pay a tax even if I dont spend any of my money.
That's not how it works Tie, you get the pleasure to continue paying income taxes, plus lets say 7% vat tax on top of all services and goods.
Yes, even gasoline goes up by 7%, an oil change for the car, a repair (car or home or appliance), flight tickets, all bought prepared foods (includes sandwiches at a grocery store, or a cup of coffee to work, even a hamburger and rotten ronnies or any restaurant for that matter.
Plus all junk foods, like chocolate milk, soda pop, beer, wine, cigs, potato chips.
Even school supplies, like paper, pencils, etc.
Only thing that will remain tax free are basic foods (just the basic), - doughnuts are taxed, bread isn't. Milk, butter, cheese isn't taxed, but eggnog, chocolate milk, ice cream is.
Coffee & Tea aren't considered basic foods here, they are taxed as well in the grocery shelfs.
Even UPS, fedex and postoffice rates go up with the tax. Nothing is really spared.
Tie, if you don't want the debt ceiling to be raised, then praise for higher taxes, cuts in ss and medicare/aid and whatever else they must do to save over a trillion.