[beat]

I'm round-numbering. Median individual income in the US is a bit over $30k, adding $12k to that is roughly a third.

And your claim, which is nonsense, is that the VAT will eat 100% of that $12k.

[AnimalMuppet]

That is not at all my claim. My claim is that doing this may not grow the economy as a whole. Someone making median income or (especially) less may well benefit; I do not claim that they won't.