Thirdly, income taxes encourage startups and entrepreneurs, while VAT taxes favor conglomerates who already have access to markets. This is one of the reasons for lower employment in VAT countries.
Source date (UTC): 2019-04-07 14:08:57 UTC
Original post: https://twitter.com/i/web/status/1114892824623878144
Reply addressees: @TimberKerns @BobMurphyEcon
Replying to: https://twitter.com/i/web/status/1114650710941913088
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Original post: https://twitter.com/i/web/status/1114650710941913088
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