I think it’s the other way around. US and China is applying a downward pressure on EU taxes and labor rights, and VAT balances it by treating everyone equally.
Keep in mind, a German built vehicle pays VAT on all the imported materials and components too. I imagine that is a significant share.
When most other countries apply VAT, I think the correct counter for the US is to do the same.
Keep in mind, a German built vehicle pays VAT on all the imported materials and components too. I imagine that is a significant share.
When most other countries apply VAT, I think the correct counter for the US is to do the same.